Apple annual debt-to-assets ratio
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Apple Debt-to-Assets Ratio Growth & History (AAPL)
Apple's debt-to-assets ratio was 0.31 for fiscal 2025.
View full Apple company overviewApple annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-09-27 | 0.31 | −0.01 | −4.10% |
| 2024 | 2024-09-28 | 0.33 | −0.03 | −7.19% |
| 2023 | 2023-09-30 | 0.35 | −0.02 | −6.41% |
| 2022 | 2022-09-24 | 0.38 | −0.01 | −3.44% |
| 2021 | 2021-09-25 | 0.39 | 0.01 | +3.02% |
| 2020 | 2020-09-26 | 0.38 | 0.06 | +18.28% |
| 2019 | 2019-09-28 | 0.32 | 0.01 | +1.96% |
| 2018 | 2018-09-29 | 0.31 | 0.00 | +1.56% |
| 2017 | 2017-09-30 | 0.31 | 0.04 | +13.92% |
| 2016 | 2016-09-24 | 0.27 | 0.05 | +22.11% |
| 2015 | 2015-09-26 | 0.22 | 0.07 | +45.53% |
| 2014 | 2014-09-27 | 0.15 | 0.07 | +85.81% |
| 2013 | 2013-09-28 | 0.08 | 0.08 | — |
| 2012 | 2012-09-29 | 0.00 | — | — |
Apple quarterly debt-to-assets ratio
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| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-06-27 | 0.22 | −0.09 | −28.27% |
| Q2 2026 | 2026-03-28 | 0.23 | −0.07 | −22.99% |
| Q1 2026 | 2025-12-27 | 0.24 | −0.04 | −15.18% |
| Q4 2025 | 2025-09-27 | 0.31 | −0.01 | −4.10% |
| Q3 2025 | 2025-06-28 | 0.31 | 0.00 | +0.42% |
| Q2 2025 | 2025-03-29 | 0.30 | −0.01 | −4.37% |
| Q1 2025 | 2024-12-28 | 0.28 | −0.02 | −7.95% |
| Q4 2024 | 2024-09-28 | 0.33 | −0.03 | −7.19% |
| Q3 2024 | 2024-06-29 | 0.31 | −0.02 | −6.34% |
| Q2 2024 | 2024-03-30 | 0.31 | −0.02 | −6.07% |
| Q1 2024 | 2023-12-30 | 0.31 | −0.01 | −4.62% |
| Q4 2023 | 2023-09-30 | 0.35 | −0.02 | −6.41% |
| Q3 2023 | 2023-07-01 | 0.33 | −0.03 | −8.35% |
| Q2 2023 | 2023-04-01 | 0.33 | −0.01 | −3.55% |
| Q1 2023 | 2022-12-31 | 0.32 | −0.00 | −0.53% |
| Q4 2022 | 2022-09-24 | 0.38 | −0.01 | −3.44% |
| Q3 2022 | 2022-06-25 | 0.36 | −0.01 | −3.61% |
| Q2 2022 | 2022-03-26 | 0.34 | −0.02 | −5.17% |
| Q1 2022 | 2021-12-25 | 0.32 | 0.01 | +1.80% |
| Q4 2021 | 2021-09-25 | 0.39 | 0.01 | +3.02% |
| Q3 2021 | 2021-06-26 | 0.37 | 0.02 | +5.55% |
| Q2 2021 | 2021-03-27 | 0.36 | 0.02 | +6.32% |
| Q1 2021 | 2020-12-26 | 0.32 | −0.03 | −7.67% |
| Q4 2020 | 2020-09-26 | 0.38 | 0.06 | +18.28% |
| Q3 2020 | 2020-06-27 | 0.35 | 0.01 | +3.98% |
| Q2 2020 | 2020-03-28 | 0.34 | 0.01 | +3.05% |
| Q1 2020 | 2019-12-28 | 0.34 | 0.04 | +11.65% |
| Q4 2019 | 2019-09-28 | 0.32 | 0.01 | +1.96% |
| Q3 2019 | 2019-06-29 | 0.34 | 0.01 | +2.52% |
| Q2 2019 | 2019-03-30 | 0.33 | −0.00 | −0.67% |
| Q1 2019 | 2018-12-29 | 0.31 | 0.01 | +2.03% |
| Q4 2018 | 2018-09-29 | 0.31 | 0.00 | +1.56% |
| Q3 2018 | 2018-06-30 | 0.33 | 0.01 | +4.56% |
| Q2 2018 | 2018-03-31 | 0.33 | 0.04 | +12.57% |
| Q1 2018 | 2017-12-30 | 0.30 | 0.04 | +13.81% |
| Q4 2017 | 2017-09-30 | 0.31 | 0.04 | +13.92% |
| Q3 2017 | 2017-07-01 | 0.31 | 0.04 | +12.93% |
| Q2 2017 | 2017-04-01 | 0.29 | 0.03 | +12.56% |
| Q1 2017 | 2016-12-31 | 0.26 | 0.05 | +23.15% |
| Q4 2016 | 2016-09-24 | 0.27 | 0.05 | +22.11% |
| Q3 2016 | 2016-06-25 | 0.28 | 0.08 | +39.51% |
| Q2 2016 | 2016-03-26 | 0.26 | 0.09 | +55.77% |
| Q1 2016 | 2015-12-26 | 0.21 | 0.08 | +54.45% |
| Q4 2015 | 2015-09-26 | 0.22 | 0.07 | +45.53% |
| Q3 2015 | 2015-06-27 | 0.20 | 0.06 | +42.82% |
| Q2 2015 | 2015-03-28 | 0.17 | 0.09 | +103.98% |
| Q1 2015 | 2014-12-27 | 0.14 | 0.06 | +84.54% |
| Q4 2014 | 2014-09-27 | 0.15 | 0.07 | +85.81% |
| Q3 2014 | 2014-06-28 | 0.14 | 0.05 | +64.40% |
| Q2 2014 | 2014-03-29 | 0.08 | 0.08 | — |
| Q1 2014 | 2013-12-28 | 0.08 | 0.08 | — |
| Q4 2013 | 2013-09-28 | 0.08 | 0.08 | — |
| Q3 2013 | 2013-06-29 | 0.08 | — | — |
| Q2 2013 | 2013-03-30 | 0.00 | — | — |
| Q1 2013 | 2012-12-29 | 0.00 | — | — |
| Q4 2012 | 2012-09-29 | 0.00 | — | — |
Apple debt-to-assets ratio trends
Over the last five fiscal years, Apple's debt-to-assets ratio decreased from 0.38 to 0.31, a change of −0.06. The latest reported quarter, Q3 2026, shows 0.22.
About the metric
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
Calculation and source
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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