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). Read AAPL liabilities breakdown for a breakdown of total debt and financial obligations.
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 capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
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 AAPL market cap overview.
| 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).