Apple — Earning Quality
EARNING QUALITY TICKER: [US.AAPL - Apple] PERIOD: [2010-ANNUAL ~ 2025-ANNUAL] [+] Accruals Ratio: -5.9% (OCF > NI, good cash generation) [+] Cash Conversion: 131% (> 80% = strong, < 50% = weak) [+] FCF Conversion: 112% (> 80% = excellent quality) Metric Value -------------------------- Avg Accruals Ratio -5.9% Avg Cash Conversion 131% Avg FCF Conversion 112% Cash Conv Stability 11.6% Period Net Income OCF FCF Accruals Cash Conv FCF Conv ------------------------------------------------------------------------ 2010 ANNUAL 14.01B 18.59B 16.47B -6.1% 132.7% 117.6% 2011 ANNUAL 25.92B 37.53B 30.08B -10.0% 144.8% 116.0% 2012 ANNUAL 41.73B 50.86B 41.45B -5.2% 121.9% 99.3% 2013 ANNUAL 37.04B 53.67B 44.59B -8.0% 144.9% 120.4% 2014 ANNUAL 39.51B 59.71B 49.90B -8.7% 151.1% 126.3% 2015 ANNUAL 53.39B 81.27B 69.78B -9.6% 152.2% 130.7% 2016 ANNUAL 45.69B 66.23B 53.50B -6.4% 145.0% 117.1% 2017 ANNUAL 48.35B 64.22B 51.77B -4.2% 132.8% 107.1% 2018 ANNUAL 59.53B 77.43B 64.12B -4.9% 130.1% 107.7% 2019 ANNUAL 55.26B 69.39B 58.90B -4.2% 125.6% 106.6% 2020 ANNUAL 57.41B 80.67B 73.36B -7.2% 140.5% 127.8% 2021 ANNUAL 94.68B 104.04B 92.95B -2.7% 109.9% 98.2% 2022 ANNUAL 99.80B 122.15B 111.44B -6.3% 122.4% 111.7% 2023 ANNUAL 97.00B 110.54B 99.58B -3.8% 114.0% 102.7% 2024 ANNUAL 93.74B 118.25B 108.81B -6.7% 126.2% 116.1% 2025 ANNUAL 112.01B 111.48B 98.77B 0.1% 99.5% 88.2%
audit earning-quality
EARNING QUALITY
TICKER: [US.AAPL - Apple]
PERIOD: [2010-ANNUAL ~ 2025-ANNUAL]
[+] Accruals Ratio: -5.9% (OCF > NI, good cash generation)[+] Cash Conversion: 131% (> 80% = strong, < 50% = weak)[+] FCF Conversion: 112% (> 80% = excellent quality)
Metric Value--------------------------Avg Accruals Ratio -5.9%Avg Cash Conversion 131%Avg FCF Conversion 112%Cash Conv Stability 11.6%
Period Net Income OCF FCF Accruals Cash Conv FCF Conv------------------------------------------------------------------------2010 ANNUAL 14.01B 18.59B 16.47B -6.1% 132.7% 117.6%2011 ANNUAL 25.92B 37.53B 30.08B -10.0% 144.8% 116.0%2012 ANNUAL 41.73B 50.86B 41.45B -5.2% 121.9% 99.3%2013 ANNUAL 37.04B 53.67B 44.59B -8.0% 144.9% 120.4%2014 ANNUAL 39.51B 59.71B 49.90B -8.7% 151.1% 126.3%2015 ANNUAL 53.39B 81.27B 69.78B -9.6% 152.2% 130.7%2016 ANNUAL 45.69B 66.23B 53.50B -6.4% 145.0% 117.1%2017 ANNUAL 48.35B 64.22B 51.77B -4.2% 132.8% 107.1%2018 ANNUAL 59.53B 77.43B 64.12B -4.9% 130.1% 107.7%2019 ANNUAL 55.26B 69.39B 58.90B -4.2% 125.6% 106.6%2020 ANNUAL 57.41B 80.67B 73.36B -7.2% 140.5% 127.8%2021 ANNUAL 94.68B 104.04B 92.95B -2.7% 109.9% 98.2%2022 ANNUAL 99.80B 122.15B 111.44B -6.3% 122.4% 111.7%2023 ANNUAL 97.00B 110.54B 99.58B -3.8% 114.0% 102.7%2024 ANNUAL 93.74B 118.25B 108.81B -6.7% 126.2% 116.1%2025 ANNUAL 112.01B 111.48B 98.77B 0.1% 99.5% 88.2%