Apple — Capital Flow
CAPITAL FLOW
TICKER: [US.AAPL - Apple]
PERIOD: [2010-ANNUAL ~ 2025-ANNUAL]
[+] CapEx Intensity: Median 14.6%
↳ < 20% = light, 20-50% = moderate, > 50% = heavy
[~] Payout Sustainability: Median 0.97x
↳ < 0.5 = sustainable, 0.5-1.0 = tight, > 1.0 = unsustainable
Metric FCF Conv CapEx Int Payout/FCF
---------------------------------------
Mean 85.9% 14.1% 93.8%
Median 85.4% 14.6% 97.4%
Max 92.0% 19.9% 136.2%
Min 80.1% 8.0% 6.0%
StdDev 4.2% 4.2% 32.7%
CoV 4.9% 29.8% 34.9%
Slope 0.59%/yr -0.59%/yr 4.17%/yr
R² 45% 45% 28%
OCF Total [████████████████████] 100% (1226.05B)
CapEx [███░░░░░░░░░░░░░░░░░] 13% (160.57B)
Net Acquisitions [░░░░░░░░░░░░░░░░░░░░] 1% (9.33B)
Buybacks [█████████████░░░░░░░] 66% (809.60B)
Dividends [███░░░░░░░░░░░░░░░░░] 14% (177.56B)
[DATA]
Period OCF CapEx M&A Buyback/Issuance Dividends FCF
-----------------------------------------------------------------------------
2010 ANNUAL 18.59B -2.12B -638.00M 912.00M - 16.47B
2011 ANNUAL 37.53B -7.45B -244.00M 831.00M - 30.08B
2012 ANNUAL 50.86B -9.40B -350.00M 665.00M -2.49B 41.45B
2013 ANNUAL 53.67B -9.08B -496.00M -22.33B -10.56B 44.59B
2014 ANNUAL 59.71B -9.81B -3.77B -44.27B -11.13B 49.90B
2015 ANNUAL 81.27B -11.49B -343.00M -34.71B -11.56B 69.78B
2016 ANNUAL 66.23B -12.73B -297.00M -29.23B -12.15B 53.50B
2017 ANNUAL 64.22B -12.45B -329.00M -32.34B -12.77B 51.77B
2018 ANNUAL 77.43B -13.31B -721.00M -72.07B -13.71B 64.12B
2019 ANNUAL 69.39B -10.49B -624.00M -66.12B -14.12B 58.90B
2020 ANNUAL 80.67B -7.31B -1.52B -72.36B -14.08B 73.36B
2021 ANNUAL 104.04B -11.09B - -85.97B -14.47B 92.95B
2022 ANNUAL 122.15B -10.71B - -89.40B -14.84B 111.44B
2023 ANNUAL 110.54B -10.96B - -77.55B -15.03B 99.58B
2024 ANNUAL 118.25B -9.45B - -94.95B -15.23B 108.81B
2025 ANNUAL 111.48B -12.71B - -90.71B -15.42B 98.77Baudit capital-flow
CAPITAL FLOW
TICKER: [US.AAPL - Apple]
PERIOD: [2010-ANNUAL ~ 2025-ANNUAL]
[+] CapEx Intensity: Median 14.6%
↳ < 20% = light, 20-50% = moderate, > 50% = heavy[~] Payout Sustainability: Median 0.97x
↳ < 0.5 = sustainable, 0.5-1.0 = tight, > 1.0 = unsustainable
Metric FCF Conv CapEx Int Payout/FCF---------------------------------------Mean 85.9% 14.1% 93.8%Median 85.4% 14.6% 97.4%Max 92.0% 19.9% 136.2%Min 80.1% 8.0% 6.0%StdDev 4.2% 4.2% 32.7%CoV 4.9% 29.8% 34.9%Slope 0.59%/yr -0.59%/yr 4.17%/yrR² 45% 45% 28%
OCF Total [████████████████████] 100% (1226.05B) CapEx [███░░░░░░░░░░░░░░░░░] 13% (160.57B)Net Acquisitions [░░░░░░░░░░░░░░░░░░░░] 1% (9.33B) Buybacks [█████████████░░░░░░░] 66% (809.60B) Dividends [███░░░░░░░░░░░░░░░░░] 14% (177.56B)
[DATA]
Period OCF CapEx M&A Buyback/Issuance Dividends FCF-----------------------------------------------------------------------------2010 ANNUAL 18.59B -2.12B -638.00M 912.00M - 16.47B2011 ANNUAL 37.53B -7.45B -244.00M 831.00M - 30.08B2012 ANNUAL 50.86B -9.40B -350.00M 665.00M -2.49B 41.45B2013 ANNUAL 53.67B -9.08B -496.00M -22.33B -10.56B 44.59B2014 ANNUAL 59.71B -9.81B -3.77B -44.27B -11.13B 49.90B2015 ANNUAL 81.27B -11.49B -343.00M -34.71B -11.56B 69.78B2016 ANNUAL 66.23B -12.73B -297.00M -29.23B -12.15B 53.50B2017 ANNUAL 64.22B -12.45B -329.00M -32.34B -12.77B 51.77B2018 ANNUAL 77.43B -13.31B -721.00M -72.07B -13.71B 64.12B2019 ANNUAL 69.39B -10.49B -624.00M -66.12B -14.12B 58.90B2020 ANNUAL 80.67B -7.31B -1.52B -72.36B -14.08B 73.36B2021 ANNUAL 104.04B -11.09B - -85.97B -14.47B 92.95B2022 ANNUAL 122.15B -10.71B - -89.40B -14.84B 111.44B2023 ANNUAL 110.54B -10.96B - -77.55B -15.03B 99.58B2024 ANNUAL 118.25B -9.45B - -94.95B -15.23B 108.81B2025 ANNUAL 111.48B -12.71B - -90.71B -15.42B 98.77B