FinscoFinsco

Apple — 盈利质量

$打开交互终端运行 `audit earning-quality` 并使用自定义选项。→
资本流向回报率指标盈利质量负债纪律护城河评估
EARNING QUALITY

TICKER: [US.AAPL - Apple]
PERIOD: [2010-ANNUAL ~ 2025-ANNUAL]


[+] Accruals Ratio: Median -6.2%
    ↳ OCF > NI, good cash generation
[+] Cash Conversion: Median 131%
    ↳ > 80% = strong, < 50% = weak
[+] FCF Conversion: Median 114%
    ↳ > 80% = excellent quality


Metric  Accruals  Cash Conv   FCF Conv
--------------------------------------
Mean       -5.9%     130.8%     112.1%
Median     -6.2%     131.4%     113.8%
Max         0.1%     152.2%     130.7%
Min       -10.0%      99.5%      88.2%
CoV        44.9%      11.6%      10.4%
Slope   0.33%/yr  -2.11%/yr  -1.07%/yr
R²           36%        44%        19%


[DATA]


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: Median -6.2% ↳ OCF > NI, good cash generation
[+] Cash Conversion: Median 131% ↳ > 80% = strong, < 50% = weak
[+] FCF Conversion: Median 114% ↳ > 80% = excellent quality
Metric Accruals Cash Conv FCF Conv
--------------------------------------
Mean -5.9% 130.8% 112.1%
Median -6.2% 131.4% 113.8%
Max 0.1% 152.2% 130.7%
Min -10.0% 99.5% 88.2%
CoV 44.9% 11.6% 10.4%
Slope 0.33%/yr -2.11%/yr -1.07%/yr
R² 36% 44% 19%
[DATA]
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%