Apple Inc. (AAPL): price to earnings, 10 filed years

P/E at Apple Inc. was 34.24x in FY2025, the newest filed year. Across the 10 computed years from FY2016 it ranged from 13.56x (FY2016) to 37.47x (FY2024), with a median of 25.41x.

Tonight's figure on the company page: 45.66x, at the close of 2026-10-15, recomputed 2026-10-15. The table is each filed year on its own terms, with the formula below; the current figure may use trailing twelve months or, where the explainer says so, a different denominator.

Year by year

Apple Inc.: P/E for each filed fiscal year, with the filing behind each.
Fiscal year	P/E	Close used	Read from
FY2016	13.56x	28.18 on 2016-09-23	10-K, filed 2016-10-26
FY2017	16.73x	38.53 on 2017-09-29	10-K, filed 2017-11-03
FY2018	18.94x	56.44 on 2018-09-28	10-K, filed 2018-11-05
FY2019	18.42x	54.71 on 2019-09-27	10-K, filed 2019-10-31
FY2020	34.23x	112.28 on 2020-09-25	10-K, filed 2020-10-30
FY2021	26.19x	146.92 on 2021-09-24	10-K, filed 2021-10-29
FY2022	24.62x	150.43 on 2022-09-23	10-K, filed 2022-10-28
FY2023	27.93x	171.21 on 2023-09-29	10-K, filed 2023-11-03
FY2024	37.47x	227.79 on 2024-09-27	10-K, filed 2024-11-01
FY2025	34.24x	255.46 on 2025-09-26	10-K, filed 2025-10-31

How each year is computed

Close at fiscal year end / diluted earnings per share

P/E, free cash flow yield and EV to EBIT set each filed year against the close on or within a week before that fiscal year's end. The price archive here is about five years deep, so older years of those three read n/a. Per-share figures and share counts are put on today's share count after a confirmed split, the basis the price archive is kept on.

Read further

A computation on accounts filed with the SEC, not a recommendation and not advice. Past filings do not indicate future results. Risk disclaimer.

Margin Notes

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