Reverse DCF

    Apple Inc. (AAPL): what growth is priced in

    Implied revenue growth

    32.6%

    per year, 5 years

    Reported growth

    6.4%

    FY ending 2025-09-27

    Share price used

    $342.00

    close as of 2026-10-15 (Polygon.io daily close)

    Inputs held fixed

    Base revenue$416,161MFY ending 2025-09-27
    Free-cash-flow margin23.7%(Operating cash flow − capex) / revenue, FY ending 2025-09-27
    Discount rate9.0%Assumption — edit it
    Terminal growth2.5%Assumption — edit it
    Cash$39,544MLatest filing
    Long-term debt$71,340MLatest filing
    Diluted shares14714.7MLatest filing
    Bear / base / bull scenariosChange assumptions and download the Excel modelWhat the latest filing changedRecompute after every filing (Desk)

    Method: the constant 5-year revenue growth at which a free-cash-flow DCF equals the share price (bisection). A model output under stated assumptions, not a forecast. Financials from SEC EDGAR, retrieved 2026-10-16.