Apple price to free cash flow AAPL

Market value divided by free cash flow over the last twelve months, since 2009.

Today, Oct 23, 2026: 37.1×
10-year median: 25.2×
Against its 10-year history: 96th; percentile: 0 is its lowest day, 100 its highest
10-year range: 10.9× to 41.7×
Peer median: 40.0×

Apple's price to free cash flow is 37.1× as of Oct 23, 2026.

That is above its ten-year median of 25.2×, higher than on 96% of days in the last ten years.

Over that time it ranged from 10.9× in Nov 2016 to 41.7× in Nov 2025.

The median for 5 technology stocks of a similar size is 40.0×.

Price to free cash flow over time

median 25.2×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	37.1×	29.5×	40.5×
2025	40.9×	28.8×	41.7×
2024	35.5×	23.8×	35.5×
2023	30.1×	18.5×	31.6×
2022	18.5×	18.5×	30.5×
2021	31.3×	23.0×	32.2×
2020	30.7×	15.7×	30.7×
2019	21.9×	11.0×	21.9×
2018	11.6×	11.2×	18.5×
2017	17.0×	11.8×	17.6×
2016	11.6×	7.7×	12.5×
2015	8.4×	8.4×	13.2×
2014	13.3×	9.9×	13.9×
2013	11.1×	7.7×	11.6×
2012	11.3×	10.2×	14.4×
2011	11.3×	10.2×	19.3×
2010	17.8×	15.4×	21.2×
2009	21.1×	14.0×	21.1×

Against its peers

Companies in Technology nearest Apple's size, closest first, today.

Company	Price to free cash flow
AAPLApple	37.1×
NVDANVIDIA	40.0×
MSFTMicrosoft	58.1×
AVGOBroadcom	39.0×
MUMicron Technology	16.8×
AMDAdvanced Micro Devices	100×
Peer median	40.0×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on Apple

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.