Apple Inc (AAPL) — Free Cash Flow Generation Index
Latest as of December 2025:
0.96x
Apple Inc (AAPL) has a Free Cash Flow Generation Index of 0.96x as of December 2025. Free cash flow of $51.55 Billion represents 1% of operating cash flow ($53.92 Billion). See AAPL working capital ratio to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
0.96x
Free Cash Flow / Operating CF
Free Cash Flow
$51.55 Billion
USD
Operating Cash Flow
$53.92 Billion
USD
Capital Expenditures
$2.37 Billion
USD
Apple Inc Free Cash Flow Generation Index (1989–2025)
Historical FCF Generation Index trend for Apple Inc across 35 annual periods. Explore Apple Inc (AAPL) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Apple Inc (1989–2025)
Year-by-year Free Cash Flow Generation Index for Apple Inc. For the full company profile including market capitalisation, see Apple Inc market capitalisation.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.89x | $98.77 Billion | $111.48 Billion | $12.71 Billion | ▼ -3.7% |
| 2024 | 0.92x | $108.81 Billion | $118.25 Billion | $9.45 Billion | ▲ +2.1% |
| 2023 | 0.90x | $99.58 Billion | $110.54 Billion | $10.96 Billion | ▼ -1.3% |
| 2022 | 0.91x | $111.44 Billion | $122.15 Billion | $10.71 Billion | ▲ +2.1% |
| 2021 | 0.89x | $92.95 Billion | $104.04 Billion | $11.09 Billion | ▼ -1.8% |
| 2020 | 0.91x | $73.36 Billion | $80.67 Billion | $7.31 Billion | ▲ +7.1% |
| 2019 | 0.85x | $58.90 Billion | $69.39 Billion | $10.49 Billion | ▲ +2.5% |
| 2018 | 0.83x | $64.12 Billion | $77.43 Billion | $13.31 Billion | ▲ +3.7% |
| 2017 | 0.80x | $50.80 Billion | $63.60 Billion | $12.45 Billion | ▲ +0.6% |
| 2016 | 0.79x | $52.28 Billion | $65.82 Billion | $12.73 Billion | ▼ -7.5% |
| 2015 | 0.86x | $69.78 Billion | $81.27 Billion | $11.25 Billion | ▲ +2.7% |
| 2014 | 0.84x | $49.90 Billion | $59.71 Billion | $9.57 Billion | ▲ +0.6% |
| 2013 | 0.83x | $44.59 Billion | $53.67 Billion | $8.16 Billion | ▲ +1.9% |
| 2012 | 0.82x | $41.45 Billion | $50.86 Billion | $8.29 Billion | ▲ +1.7% |
| 2011 | 0.80x | $30.08 Billion | $37.53 Billion | $4.26 Billion | ▼ -9.5% |
| 2010 | 0.89x | $16.47 Billion | $18.59 Billion | $2.00 Billion | ▲ +0.6% |
| 2009 | 0.88x | $8.95 Billion | $10.16 Billion | $1.14 Billion | ▲ +0.6% |
| 2008 | 0.88x | $8.40 Billion | $9.60 Billion | $1.09 Billion | ▲ +6.7% |
| 2007 | 0.82x | $4.48 Billion | $5.47 Billion | $735.00 Million | ▲ +16.4% |
| 2006 | 0.70x | $1.56 Billion | $2.22 Billion | $657.00 Million | ▼ -21.5% |
| 2005 | 0.90x | $2.27 Billion | $2.54 Billion | $260.00 Million | ▲ +10.6% |
| 2004 | 0.81x | $758.00 Million | $934.00 Million | $176.00 Million | ▲ +87.6% |
| 2003 | 0.43x | $125.00 Million | $289.00 Million | $164.00 Million | ▲ +145.3% |
| 2002 | -0.96x | $-85.00 Million | $89.00 Million | $174.00 Million | ▼ -275.9% |
| 2001 | -0.25x | $-47.00 Million | $185.00 Million | $232.00 Million | ▼ -129.2% |
| 2000 | 0.87x | $719.00 Million | $826.00 Million | $107.00 Million | ▼ -7.5% |
| 1999 | 0.94x | $751.00 Million | $798.00 Million | $47.00 Million | ▲ +1.4% |
| 1998 | 0.93x | $719.00 Million | $775.00 Million | $56.00 Million | ▲ +29.2% |
| 1997 | 0.72x | $135.00 Million | $188.00 Million | $53.00 Million | ▼ -17.5% |
| 1996 | 0.87x | $452.00 Million | $519.00 Million | $67.00 Million | ▲ +11.2% |
| 1994 | 0.78x | $577.41 Million | $737.00 Million | $159.59 Million | ▲ +0.5% |
| 1992 | 0.78x | $688.80 Million | $883.70 Million | $194.85 Million | ▲ +212.0% |
| 1991 | -0.70x | $-89.60 Million | $128.70 Million | $218.30 Million | ▼ -190.7% |
| 1990 | 0.77x | $739.60 Million | $963.90 Million | $224.30 Million | ▲ +45.1% |
| 1989 | 0.53x | $268.30 Million | $507.30 Million | $239.00 Million | — |
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).