Apple Inc (AAPL) — Financial Flexibility Index
Apple Inc (AAPL) has a Financial Flexibility Index of 0.19x as of December 2025. Free cash flow of $56.30 Billion (operating CF $53.92 Billion minus capex $2.37 Billion) represents 0% of total liabilities ($291.11 Billion). Check Apple Inc PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Apple Inc Financial Flexibility Index (1989–2025)
Historical Financial Flexibility Index trend for Apple Inc across 37 annual periods. See Apple Inc (AAPL) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Apple Inc (1989–2025)
Year-by-year free cash flow to debt coverage for Apple Inc. For the full company profile including market capitalisation, see AAPL market cap overview.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.44x | $124.20 Billion | $111.48 Billion | $285.51 Billion | ▲ +4.9% |
| 2024 | 0.41x | $127.70 Billion | $118.25 Billion | $308.03 Billion | ▼ -0.9% |
| 2023 | 0.42x | $121.50 Billion | $110.54 Billion | $290.44 Billion | ▼ -4.9% |
| 2022 | 0.44x | $132.86 Billion | $122.15 Billion | $302.08 Billion | ▲ +10.0% |
| 2021 | 0.40x | $115.12 Billion | $104.04 Billion | $287.91 Billion | ▲ +17.5% |
| 2020 | 0.34x | $87.98 Billion | $80.67 Billion | $258.55 Billion | ▲ +5.7% |
| 2019 | 0.32x | $79.89 Billion | $69.39 Billion | $248.03 Billion | ▼ -8.2% |
| 2018 | 0.35x | $90.75 Billion | $77.43 Billion | $258.58 Billion | ▲ +11.3% |
| 2017 | 0.32x | $76.05 Billion | $63.60 Billion | $241.27 Billion | ▼ -22.4% |
| 2016 | 0.41x | $78.56 Billion | $65.82 Billion | $193.44 Billion | ▼ -24.9% |
| 2015 | 0.54x | $92.51 Billion | $81.27 Billion | $171.12 Billion | ▼ -6.1% |
| 2014 | 0.58x | $69.28 Billion | $59.71 Billion | $120.29 Billion | ▼ -22.3% |
| 2013 | 0.74x | $61.83 Billion | $53.67 Billion | $83.45 Billion | ▼ -27.5% |
| 2012 | 1.02x | $59.15 Billion | $50.86 Billion | $57.85 Billion | ▼ -2.7% |
| 2011 | 1.05x | $41.79 Billion | $37.53 Billion | $39.76 Billion | ▲ +39.8% |
| 2010 | 0.75x | $20.60 Billion | $18.59 Billion | $27.39 Billion | ▲ +73.1% |
| 2009 | 0.43x | $11.30 Billion | $10.16 Billion | $26.02 Billion | ▼ -24.6% |
| 2008 | 0.58x | $10.69 Billion | $9.60 Billion | $18.54 Billion | ▲ +0.5% |
| 2007 | 0.57x | $6.21 Billion | $5.47 Billion | $10.81 Billion | ▲ +44.0% |
| 2006 | 0.40x | $2.88 Billion | $2.22 Billion | $7.22 Billion | ▼ -41.8% |
| 2005 | 0.68x | $2.79 Billion | $2.54 Billion | $4.08 Billion | ▲ +83.3% |
| 2004 | 0.37x | $1.11 Billion | $934.00 Million | $2.97 Billion | ▲ +113.6% |
| 2003 | 0.17x | $453.00 Million | $289.00 Million | $2.59 Billion | ▲ +46.4% |
| 2002 | 0.12x | $263.00 Million | $89.00 Million | $2.20 Billion | ▼ -39.9% |
| 2001 | 0.20x | $417.00 Million | $185.00 Million | $2.10 Billion | ▼ -42.6% |
| 2000 | 0.35x | $933.00 Million | $826.00 Million | $2.70 Billion | ▼ -15.8% |
| 1999 | 0.41x | $845.00 Million | $798.00 Million | $2.06 Billion | ▲ +30.9% |
| 1998 | 0.31x | $831.00 Million | $775.00 Million | $2.65 Billion | ▲ +295.1% |
| 1997 | 0.08x | $241.00 Million | $188.00 Million | $3.03 Billion | ▼ -55.2% |
| 1996 | 0.18x | $586.00 Million | $519.00 Million | $3.31 Billion | ▲ +828.7% |
| 1995 | -0.02x | $-81.00 Million | $-240.00 Million | $3.33 Billion | ▼ -107.9% |
| 1994 | 0.31x | $896.58 Million | $737.00 Million | $2.92 Billion | ▲ +315.3% |
| 1993 | -0.14x | $-448.68 Million | $-661.80 Million | $3.15 Billion | ▼ -126.9% |
| 1992 | 0.53x | $1.08 Billion | $883.70 Million | $2.04 Billion | ▲ +163.6% |
| 1991 | 0.20x | $347.00 Million | $128.70 Million | $1.73 Billion | ▼ -74.1% |
| 1990 | 0.78x | $1.19 Billion | $963.90 Million | $1.53 Billion | ▲ +31.0% |
| 1989 | 0.59x | $746.30 Million | $507.30 Million | $1.26 Billion | — |