AAPL
Apple Inc.
AAPL offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
AVT
Avnet, Inc.
AVT has the edge over AAPL overall, supported by stronger modeled upside and stronger valuation.
AAPL Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
AAPL's revenue, profitability, cash flow and balance sheet are all currently healthy.
AVT Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Healthy | |
| Under pressure | |
| Under pressure |
AVT's revenue and profitability are currently healthy, but its cash flow and balance sheet are under pressure.
AAPL PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 26x | $230 | -35% |
| Fair | 31x | $279 | -21% |
| Expensive | 37x | $328 | -7.5% |
| Forward | 38x | $355 | — |
| Current | 40x | $355 | — |
Historical ranges are pointers, not guarantees.
AAPL has the edge over AVT in the historical PE scenario, which offers more potential upside but is not a forecast.
AVT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 5.6x | $37.55 | -56% |
| Fair | 12x | $83.17 | -2.9% |
| Current | 13x | $85.64 | — |
| Expensive | 25x | $168 | +96% |
Historical ranges are pointers, not guarantees.
AVT's PE is in its fair range at 13x.
AAPL Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Weakening | |
| Moderate | |
| Moderate |
Analysts expect earnings and revenue growth for AAPL, but weaker profitability.
AVT Forward outlook
There aren't enough analyst estimates for AVT to show an outlook.
AAPL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.28 | +3.3% |
| Q3 2026 | $8.98 | +20% |
| Q2 2026 | $8.71 | +32% |
| Q1 2026 | $8.26 | +29% |
| Q4 2025 | $7.90 | +25% |
| Q3 2025 | $7.46 | +23% |
| Q2 2025 | $6.59 | +0.2% |
| Q1 2025 | $6.42 | -0.3% |
| Q4 2024 | $6.30 | -2% |
AAPL has the edge over AVT on earnings, with more consistent year-over-year improvement.
AVT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $6.68 | +147% |
| Q2 2026 | $4.01 | +46% |
| Q1 2026 | $2.59 | -28% |
| Q4 2025 | $2.46 | -31% |
| Q3 2025 | $2.70 | -30% |
| Q2 2025 | $2.75 | -49% |
| Q1 2025 | $3.59 | -42% |
| Q4 2024 | $3.55 | -51% |
AVT's earnings per share have fallen from their peak: $6.68 over the past year, against $9.09 in early 2023.
AAPL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $114.5B | +12% |
| Q2 2026 | $109.4B | +16% |
| Q1 2026 | $111.2B | +17% |
| Q4 2025 | $143.8B | +16% |
| Q3 2025 | $102.5B | +7.9% |
| Q2 2025 | $94B | +9.6% |
| Q1 2025 | $95.4B | +5.1% |
| Q4 2024 | $124.3B | +4% |
AAPL has the edge over AVT on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 31% | -0.5 points |
| Q2 2026 | 33% | +2.6 points |
| Q1 2026 | 32% | +1.3 points |
| Q4 2025 | 35% | +0.9 points |
| Q3 2025 | 32% | +0.5 points |
| Q2 2025 | 30% | +0.4 points |
| Q1 2025 | 31% | +0.3 points |
| Q4 2024 | 34% | +0.7 points |
AAPL has the edge over AVT on profitability, with a higher operating margin.
AVT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $10.7B | +82% |
| Q2 2026 | $8.3B | +48% |
| Q1 2026 | $7.1B | +34% |
| Q4 2025 | $6.3B | +12% |
| Q3 2025 | $5.9B | +5.3% |
| Q2 2025 | $5.6B | +1% |
| Q1 2025 | $5.3B | -6% |
| Q4 2024 | $5.7B | -8.7% |
AVT's revenue has grown year over year for six quarters in a row: $10.7B last quarter, up 82% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 4.4% | +2 points |
| Q2 2026 | 2.8% | +1.5 points |
| Q1 2026 | 2.9% | +0.2 points |
| Q4 2025 | 2.3% | -0.4 points |
| Q3 2025 | 2.4% | -0.1 points |
| Q2 2025 | 1.3% | -1.6 points |
| Q1 2025 | 2.7% | -0.7 points |
| Q4 2024 | 2.7% | -1.1 points |
AVT's operating margin was 4.4% last quarter, up 2 points from the same quarter a year ago.
AAPL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $25.9B | -2.4% |
| Q2 2026 | $31.9B | +31% |
| Q1 2026 | $26.7B | +28% |
| Q4 2025 | $51.6B | +91% |
| Q3 2025 | $26.5B | +11% |
| Q2 2025 | $24.4B | -8.6% |
| Q1 2025 | $20.9B | +0.9% |
| Q4 2024 | $27B | -28% |
AAPL has the edge over AVT on cash generation, producing positive trailing cash flow while its opponent burns cash.
AVT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$866.7M | -$697.5M |
| Q2 2026 | -$307.5M | -485% |
| Q1 2026 | -$70.7M | -162% |
| Q4 2025 | $192.9M | -37% |
| Q3 2025 | -$169.2M | -327% |
| Q2 2025 | $79.9M | -68% |
| Q1 2025 | $114.1M | -75% |
| Q4 2024 | $308.5M | +$432.7M |
AVT's free cash flow was −$1.1B over the past year, against $333M the year before.
AAPL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +5.6M shares |
| 1 year | -1.9% | -284M shares |
| 3 years | -6.9% | -1.1B shares |
| 5 years | -13% | -2.1B shares |
| Available history | -17% | -3.1B shares |
AAPL has the edge over AVT on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $24.3B |
| Q2 2026 | $25.1B |
| Q1 2026 | $12.3B |
| Q4 2025 | $24.7B |
| Q3 2025 | $20.1B |
| Q2 2025 | $21.1B |
| Q1 2025 | $25.9B |
| Q4 2024 | $23.6B |
AAPL spent $86.4B buying back its own shares over the past year, down 4.8% from the year before.
AVT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +3.1% | +2.6M shares |
| 1 year | +1.8% | +1.5M shares |
| 3 years | -7.7% | -7.2M shares |
| 5 years | -15% | -15.1M shares |
| Available history | -15% | -15.3M shares |
AVT has 86M diluted shares, up 1.8% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | $138.3M |
| Q2 2025 | $50M |
| Q1 2025 | $101.3M |
| Q4 2024 | $52.2M |
| Q3 2024 | $100M |
AAPL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.3x | Very low |
| Q2 2026 | 0.3x | Very low |
| Q1 2026 | 0.2x | Very low |
| Q4 2025 | 0.3x | Very low |
| Q3 2025 | 0.4x | Very low |
| Q2 2025 | 0.5x | Very low |
| Q1 2025 | 0.5x | Very low |
| Q4 2024 | 0.5x | Very low |
AAPL has the edge over AVT on leverage, with a lower net debt burden relative to earnings.
AVT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.5x | Elevated |
| Q2 2026 | 3.8x | Elevated |
| Q1 2026 | 4.3x | High |
| Q4 2025 | 4.6x | High |
| Q3 2025 | 4.8x | High |
| Q2 2025 | 4.2x | High |
| Q1 2025 | 3.6x | Elevated |
| Q4 2024 | 3.3x | Elevated |
AVT's net debt is about 3.5 years of its operating earnings (EBITDA), down from 4.8 years a year ago.
AAPL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 68.1 | Neutral |
| Stochastic | 85.0 | Overbought |
AAPL's weekly RSI is 68 (neutral) and its Stochastic is 85 (overbought).
AVT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 48.5 | Neutral |
| Stochastic | 18.5 | Oversold |
AVT's weekly RSI is 49 (neutral) and its Stochastic is 19 (oversold).
AAPL PE vs Technology Sector
| Metric | AAPL | Sector median | Relative |
|---|---|---|---|
| PE | 40x | 28x | 42% above |
| PE % | 96 | 35 | 61 pts above |
AAPL is trading at 40x earnings, a 42% premium to the Technology sector's median of 28x.
AVT PE vs Technology Sector
| Metric | AVT | Sector median | Relative |
|---|---|---|---|
| PE | 13x | 28x | 54% below |
| PE % | 51 | 35 | 16 pts above |
AVT has the edge over AAPL on valuation relative to its sector.
AAPL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $343.1 | 3.4% above |
| 20 week MA | $329.0 | 7.9% above |
| 50 week MA | $295.6 | 20% above |
| 100 week MA | $262.4 | 35% above |
| 200 week MA | $226.3 | 57% above |
AAPL has the edge over AVT on trend strength, trading above more of its moving averages.
AVT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $92.6 | 7.5% below |
| 20 week MA | $91.6 | 6.5% below |
| 50 week MA | $77.1 | 11% above |
| 100 week MA | $64.0 | 34% above |
| 200 week MA | $56.4 | 52% above |
AVT has pulled back, but its long-term trend is still up: it's below its 8- and 20-week averages, but 52% above its 200-week average.
AAPL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $72.5 | $132.0 | +82% |
| 2021 | $132.0 | $176.3 | +34% |
| 2022 | $176.3 | $131.9 | -25% |
| 2023 | $131.9 | $192.5 | +46% |
| 2024 | $192.5 | $255.6 | +33% |
| 2025 | $255.6 | $273.4 | +7% |
| 2026 YTD | $273.4 | $354.9 | +30% |
AAPL has finished higher in five of the last six years. It's up 30% so far in 2026.
AVT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $42.5 | $34.5 | -19% |
| 2021 | $34.5 | $40.3 | +17% |
| 2022 | $40.3 | $41.7 | +3.7% |
| 2023 | $41.7 | $50.4 | +21% |
| 2024 | $50.4 | $52.9 | +5% |
| 2025 | $52.9 | $49.3 | -6.9% |
| 2026 YTD | $49.3 | $85.6 | +74% |
AVT has the edge over AAPL on returns for 2026, with the stronger performance.