Apple (AAPL) Debt-to-Revenue : 0.19 (As of Mar. 2026)

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AAPL Apple Inc AAPL
95 GF Score
Price $314.86
GF Value $268.12
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Apple Debt-to-Revenue?

Apple AAPL 95 Debt-to-Revenue is 0.19 as of Mar. 2026. GuruFocus rates AAPL with a GF Score™ of 95/100 and a GF Value™ of $268.12 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Debt-to-Revenue measures a company's ability to pay off its debt.

Apple's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $10,307 Mil. Apple's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $74,404 Mil. Apple's annualized Revenue for the quarter that ended in Mar. 2026 was $444,736 Mil. Apple's annualized Debt-to-Revenue for the quarter that ended in Mar. 2026 was 0.19.

Apple Debt-to-Revenue Historical Data

* Premium members only.

The historical data trend for Apple's Debt-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Apple Debt-to-Revenue Chart

Apple Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.34 0.29 0.27 0.24

Apple Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.26 0.27 0.24 0.16 0.19

AAPL vs SONO, TBCH, VUZI: Debt-to-Revenue Comparison

For the Consumer Electronics subindustry, Apple's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Apple Debt-to-Revenue vs Hardware Industry

For the Hardware industry and Technology sector, Apple's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Apple's Debt-to-Revenue falls into.


AAPL
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Apple Inc AAPL
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Apple Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Apple's Debt-to-Revenue for the fiscal year that ended in Sep. 2025 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(20329 + 78328) / 416161
=0.24

Apple's annualized Debt-to-Revenue for the quarter that ended in Mar. 2026 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(10307 + 74404) / 444736
=0.19

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2026) Revenue data.

Frequently Asked Questions Learn more about Debt-to-Revenue →
What does a Debt-to-Revenue of 0.19 mean?
Apple (AAPL) has a Debt-to-Revenue of 0.19 as of Mar. 2026.
Is Apple's Debt-to-Revenue too high?
Apple's current Debt-to-Revenue is 0.19. Overall, Apple has a GF Score™ of 95/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apple's Debt-to-Revenue compare to SONO and TBCH?
Apple's Debt-to-Revenue of 0.19 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Revenue for a Hardware company?
A good Debt-to-Revenue depends on the Hardware industry context. However, Debt-to-Revenue should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Revenue mean?
A high Debt-to-Revenue can signal that a stock is expensive relative to its fundamentals. Apple's current Debt-to-Revenue is 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apple stock overvalued right now?
Based on GuruFocus' analysis, Apple (AAPL) is currently considered Modestly Overvalued. The stock's GF Value™ is $268.12, compared to a current price of $314.86 — trading 17.4% above its estimated fair value. The current Debt-to-Revenue is 0.19. Apple's overall GF Score™ is 95/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Revenue calculated?
Debt-to-Revenue is calculated from a company's financial statements. For Apple (AAPL), the current Debt-to-Revenue is 0.19 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Apple (AAPL) Overvalued in 2026?

Based on GuruFocus' analysis, Apple stock appears to be overvalued. The current stock price of $314.86 is trading 17.4% above its estimated GF Value™ of $268.12. GuruFocus considers Apple to be Modestly Overvalued.

Key valuation signals for AAPL:

  • Debt-to-Revenue: 0.19
  • GF Value™: $268.12 vs. price of $314.86 (17.4% above fair value)
  • GF Score™: 95/100 with 5 warning signs

No single metric tells the full story. See the AAPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Apple Business Description

Address One Apple Park Way, Cupertino, CA, USA, 95014
Apple is among the largest companies in the world, with a broad portfolio of hardware and software products targeted at consumers and businesses. Apple's iPhone accounts for the majority of the firm's sales, and Apple's other products, such as the Mac, iPad, and Watch, are designed around the iPhone as the focal point of an expansive software ecosystem. Apple has progressively worked to add new applications, such as streaming video, subscription bundles, and augmented reality. The firm designs its own software and semiconductors and works with subcontractors such as Foxconn and TSMC to build its products and chips. Slightly less than half of Apple's sales come directly through its flagship stores, with the majority coming indirectly through partnerships and distribution.
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Debt-to-Revenue is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$314.86
Price
$268.12
GF Value