AAPL
Apple Inc.
AAPL offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
BR
Broadridge Financial Solutions, Inc.
BR has the edge over AAPL overall, supported by stronger valuation and stronger modeled upside.
AAPL Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
AAPL's revenue, profitability, cash flow and balance sheet are all currently healthy.
BR Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Stable |
BR's profitability and cash flow are currently healthy, and its revenue and balance sheet are stable.
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's PE is in its expensive range at 40x. If earnings grow as analysts expect, today's price would be 38x next year's earnings.
BR PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 18x | $191 | — |
| Current | 21x | $191 | — |
| Cheap | 30x | $266 | +39% |
| Fair | 34x | $308 | +61% |
| Expensive | 37x | $333 | +74% |
Historical ranges are pointers, not guarantees.
BR has the edge over AAPL in the historical PE scenario, which offers more potential upside but is not a forecast.
AAPL Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Weakening | |
| Moderate | |
| Moderate |
Analysts expect earnings and revenue growth for AAPL, but weaker profitability.
BR Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
BR has the edge over AAPL on the outlook, with more favorable valuation and profitability expectations.
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 earned $8.98 per share over the past year, up 20% from the year before.
BR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $10.65 | +18% |
| Q3 2026 | $9.03 | +15% |
| Q2 2026 | $9.60 | +35% |
| Q1 2026 | $9.35 | +41% |
| Q4 2025 | $9.04 | +41% |
| Q3 2025 | $7.82 | +35% |
| Q2 2025 | $7.10 | +21% |
| Q1 2025 | $6.65 | +13% |
| Q4 2024 | $6.39 | +11% |
BR has the edge over AAPL on earnings, with more consistent year-over-year improvement.
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 BR on sales, with stronger typical year-over-year growth.
| 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 BR on profitability, with a higher operating margin.
BR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.7B | +5% |
| Q2 2026 | $2.2B | +7.5% |
| Q1 2026 | $2B | +7.8% |
| Q4 2025 | $1.7B | +7.8% |
| Q3 2025 | $1.6B | +12% |
| Q2 2025 | $2.1B | +6.2% |
| Q1 2025 | $1.8B | +4.9% |
| Q4 2024 | $1.6B | +13% |
BR's revenue has grown year over year for eight quarters in a row: $1.7B last quarter, up 5% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 10% | -1.5 points |
| Q2 2026 | 25% | +0.5 points |
| Q1 2026 | 18% | -0.6 points |
| Q4 2025 | 12% | -1.2 points |
| Q3 2025 | 12% | +2.4 points |
| Q2 2025 | 24% | +1.4 points |
| Q1 2025 | 19% | +1.5 points |
| Q4 2024 | 13% | +4.4 points |
BR's operating margin was 10% last quarter, down 1.5 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's free cash flow has been positive every quarter for seven years: $136B over the past year, up 38% from the year before.
BR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $77.9M | +187% |
| Q2 2026 | $645.3M | -5.7% |
| Q1 2026 | $287.5M | -18% |
| Q4 2025 | $318.5M | +40% |
| Q3 2025 | $27.1M | +$160.5M |
| Q2 2025 | $684.1M | -2.7% |
| Q1 2025 | $348.9M | +89% |
| Q4 2024 | $227.9M | +28% |
BR generated $1.3B in free cash flow over the past year, up 3.2% from 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 14.7B diluted shares, down 1.9% from a year ago, with $86.4B in buybacks over the past year.
| 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.
BR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -2.4% | -2.8M shares |
| 1 year | -3.1% | -3.7M shares |
| 3 years | -4.1% | -4.9M shares |
| 5 years | -3.4% | -4M shares |
| Available history | -2.5% | -2.9M shares |
BR has the edge over AAPL on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $200.2M |
| Q2 2026 | $250.8M |
| Q1 2026 | $200.4M |
| Q4 2025 | $2M |
| Q3 2025 | $150.5M |
| Q2 2025 | $130.7M |
| Q1 2025 | $300,000 |
| Q4 2024 | $3.6M |
BR spent $653M buying back its own shares over the past year, up 129% from the year before.
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 BR on leverage, with a lower net debt burden relative to earnings.
BR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.2x | Moderate |
| Q2 2026 | 2.0x | Healthy |
| Q1 2026 | 2.1x | Moderate |
| Q4 2025 | 2.1x | Moderate |
| Q3 2025 | 2.2x | Moderate |
| Q2 2025 | 2.0x | Moderate |
| Q1 2025 | 2.5x | Moderate |
| Q4 2024 | 2.8x | Moderate |
BR's net debt is about 2.1 years of its operating earnings (EBITDA), about the same as 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).
BR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 62.4 | Neutral |
| Stochastic | 85.0 | Overbought |
BR's weekly RSI is 62 (neutral) and its Stochastic is 85 (overbought).
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.
BR PE vs Technology Sector
| Metric | BR | Sector median | Relative |
|---|---|---|---|
| PE | 21x | 28x | 24% below |
| PE % | 11 | 35 | 24 pts below |
BR 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 BR on trend strength, trading above more of its moving averages.
BR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $175.7 | 9% above |
| 20 week MA | $167.8 | 14% above |
| 50 week MA | $174.4 | 9.8% above |
| 100 week MA | $206.0 | 7.1% below |
| 200 week MA | $196.4 | 2.5% below |
BR has bounced recently, but its long-term trend is still down: it's above its 8-, 20- and 50-week averages, but 2.5% below 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 the edge over BR on returns for 2026, with the stronger performance.
BR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $123.2 | $150.0 | +22% |
| 2021 | $150.0 | $180.3 | +20% |
| 2022 | $180.3 | $134.5 | -25% |
| 2023 | $134.5 | $205.8 | +53% |
| 2024 | $205.8 | $226.4 | +10% |
| 2025 | $226.4 | $228.2 | +0.8% |
| 2026 YTD | $228.2 | $191.5 | -16% |
BR has finished higher in five of the last six years. It's down 16% so far in 2026.