Apple Inc Financial Flexibility Index
Apple Inc 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). See Apple Inc free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Apple Inc (1989–2025)
Financial flexibility index of Apple Inc from 1989 to 2025. Historical Financial Flexibility Index trend for Apple Inc across 37 annual periods. Check Apple Inc cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Apple Inc Financial Flexibility Index by Year (1989–2025)
Apple Inc financial flexibility index by year from 1989 to 2025. Year-by-year free cash flow to debt coverage for Apple Inc. For the full cash flow conversion analysis, see Apple Inc (AAPL) cash conversion ratio.
| 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 | — |