Apple Inc.
$3.99T- Market cap
- $3.95T
- Debt
- +$80.11B
- Cash
- −$36.31B
Capital structure 98% equity / 2% debt · EV / Revenue 8.34x · EV proxy / EBITDA proxy 23.29x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 · Mkt capMarket cap $3.85T · View financials
Decision snapshot: AAPL stock price near parity vs GOOGL $271.86 current versus $260.01 implied using P/E multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at GOOGL's multiple
Implied fair value · at AAPL's multiple
Close Dec 31, 2025
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
Reported gross margin
Operating income + D&A
Lower is better
Higher P/E
Lower leverage
Statements
Annual statements in reported currencies, with calculations and source evidence.
Values retain reported currencies and share bases. Select a figure to inspect its period, calculation and filing inputs. Differences require compatible units and periods.
Explore enterprise value and market valuation multiples in the valuation sections.
Trendline
Nine period-end years of reported revenue, earnings, and margins. Periods and currencies are shown with the data.
Price framework
USD market cap plus reported borrowing debt, less cash and equivalents. This EV proxy excludes investments, preferred stock and noncontrolling-interest adjustments.
Capital structure 98% equity / 2% debt · EV / Revenue 8.34x · EV proxy / EBITDA proxy 23.29x
Complete market value, debt and cash evidence is required for enterprise value.
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
Apple Inc. · implied price per share
Bear
$130.85
Base
$159.76
Bull
$182.30
Alphabet Inc. · implied price per share
Bear
$101.71
Base
$124.15
Bull
$141.60
Balance sheet health
Inspect reported liquidity and leverage alongside historical financial-health checks.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
Cash excludes investments. EBITDA is an operating-income-plus-D&A proxy. Missing borrowing categories remain unavailable; select a value to inspect its inputs.
LLM-powered synthesis
An explanation of the financial evidence. Check its snapshot date against the figures above.
This explanation uses an earlier data snapshot or evidence version. Review its generation date and the current figures, or refresh after signing in.
If you believe AAPL can reaccelerate growth and close the margin gap with GOOGL, then holding or adding may make sense because the current valuation already discounts AAPL at a 29.7% downside versus GOOGL implied value; otherwise, the data favor trimming or avoiding AAPL given its richer P/E and weaker operating metrics.
AAPL trades at a 36.4x P/E versus GOOGL at 29.0x, and the stated GOOGL-multiple implied price of $216.00 is 29.7% below AAPL's current $307.34 price. The gap is hard to justify purely on fundamentals because AAPL's growth and margin profile is weaker than GOOGL's, even though AAPL's historical and GOOGL ranges show the stock is trading above both.
Supporting Metrics