Apple Inc (AAPL) — Cash Flow Quality Index
Apple Inc (AAPL) has a Cash Flow Quality Index of 1.28x as of December 2025. Operating cash flow of $53.92 Billion exceeds net income of $42.10 Billion, indicating high earnings quality where cash backs reported profits. Explore how efficiently does Apple Inc generate cash to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Apple Inc Cash Flow Quality Index (1989–2025)
Historical Cash Flow Quality Index for Apple Inc across 34 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Apple Inc total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Apple Inc (1989–2025)
Year-by-year earnings quality comparison for Apple Inc. For live market cap and the full company financial profile, see AAPL market cap overview.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.00x | $111.48 Billion | $112.01 Billion | ▼ -21.1% |
| 2024 | 1.26x | $118.25 Billion | $93.74 Billion | ▲ +10.7% |
| 2023 | 1.14x | $110.54 Billion | $97.00 Billion | ▼ -6.9% |
| 2022 | 1.22x | $122.15 Billion | $99.80 Billion | ▲ +11.4% |
| 2021 | 1.10x | $104.04 Billion | $94.68 Billion | ▼ -21.8% |
| 2020 | 1.41x | $80.67 Billion | $57.41 Billion | ▲ +11.9% |
| 2019 | 1.26x | $69.39 Billion | $55.26 Billion | ▼ -3.5% |
| 2018 | 1.30x | $77.43 Billion | $59.53 Billion | ▼ -1.1% |
| 2017 | 1.32x | $63.60 Billion | $48.35 Billion | ▼ -8.7% |
| 2016 | 1.44x | $65.82 Billion | $45.69 Billion | ▼ -5.3% |
| 2015 | 1.52x | $81.27 Billion | $53.39 Billion | ▲ +0.7% |
| 2014 | 1.51x | $59.71 Billion | $39.51 Billion | ▲ +4.3% |
| 2013 | 1.45x | $53.67 Billion | $37.04 Billion | ▲ +18.9% |
| 2012 | 1.22x | $50.86 Billion | $41.73 Billion | ▼ -15.8% |
| 2011 | 1.45x | $37.53 Billion | $25.92 Billion | ▲ +9.1% |
| 2010 | 1.33x | $18.59 Billion | $14.01 Billion | ▼ -25.5% |
| 2009 | 1.78x | $10.16 Billion | $5.70 Billion | ▼ -10.3% |
| 2008 | 1.99x | $9.60 Billion | $4.83 Billion | ▲ +26.9% |
| 2007 | 1.56x | $5.47 Billion | $3.50 Billion | ▲ +40.2% |
| 2006 | 1.12x | $2.22 Billion | $1.99 Billion | ▼ -41.2% |
| 2005 | 1.90x | $2.54 Billion | $1.33 Billion | ▼ -43.9% |
| 2004 | 3.38x | $934.00 Million | $276.00 Million | ▼ -20.4% |
| 2003 | 4.25x | $289.00 Million | $68.00 Million | ▲ +210.4% |
| 2002 | 1.37x | $89.00 Million | $65.00 Million | ▲ +30.3% |
| 2000 | 1.05x | $826.00 Million | $786.00 Million | ▼ -20.9% |
| 1999 | 1.33x | $798.00 Million | $601.00 Million | ▼ -47.1% |
| 1998 | 2.51x | $775.00 Million | $309.00 Million | ▲ +543.1% |
| 1995 | -0.57x | $-240.00 Million | $424.00 Million | ▼ -123.8% |
| 1994 | 2.38x | $737.00 Million | $310.18 Million | ▲ +131.1% |
| 1993 | -7.64x | $-661.80 Million | $86.60 Million | ▼ -558.7% |
| 1992 | 1.67x | $883.70 Million | $530.40 Million | ▲ +301.1% |
| 1991 | 0.42x | $128.70 Million | $309.80 Million | ▼ -79.5% |
| 1990 | 2.03x | $963.90 Million | $474.90 Million | ▲ +81.6% |
| 1989 | 1.12x | $507.30 Million | $454.00 Million | — |