AAPL
Apple Inc.
AAPL trails on the overall score without a compensating advantage in the available component scores.
MXL
MaxLinear, Inc.
MXL has the edge over AAPL overall, supported by stronger valuation.
AAPL Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
AAPL's revenue, profitability, cash flow and balance sheet are all currently healthy.
MXL Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Stable | |
| Under pressure | |
| Stable |
MXL's revenue is currently strong, and its profitability and balance sheet are stable, but its cash flow is 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'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.
MXL PE Valuation
MXL has no meaningful PE right now: it lost money over the past year.
AAPL Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Weakening | |
| Moderate | |
| Moderate |
Analysts expect earnings and revenue growth for AAPL, but weaker profitability.
MXL Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
MXL has the edge over AAPL on the outlook, with more favorable 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 has the edge over MXL on earnings quality, reporting a profit while its opponent remains loss making.
MXL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.06 | — |
| Q3 2026 | -$0.37 | +$1.72 |
| Q2 2026 | -$1.19 | +$1.28 |
| Q1 2026 | -$1.52 | +$1.11 |
| Q4 2025 | -$1.58 | +$1.35 |
| Q3 2025 | -$2.09 | +$0.65 |
| Q2 2025 | -$2.47 | -$0.14 |
| Q1 2025 | -$2.63 | -$0.72 |
| Q4 2024 | -$2.93 | -$2.02 |
MXL is still losing money, but far less than before: $0.37 per share over the past year, against $2.93 at its worst in late 2024.
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's revenue has grown year over year for 10 quarters in a row: $114B last quarter, up 12% from the same quarter a year ago.
| 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 MXL on profitability, with a higher operating margin.
MXL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $218.1M | +72% |
| Q2 2026 | $168.8M | +55% |
| Q1 2026 | $137.2M | +43% |
| Q4 2025 | $136.4M | +48% |
| Q3 2025 | $126.5M | +56% |
| Q2 2025 | $108.8M | +18% |
| Q1 2025 | $95.9M | +0.7% |
| Q4 2024 | $92.2M | -26% |
MXL's revenue is recovering but still below its 2022 peak: $218M last quarter, up 72% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 14% | +47 points |
| Q2 2026 | -2.5% | +20 points |
| Q1 2026 | -13% | +36 points |
| Q4 2025 | -11% | +34 points |
| Q3 2025 | -33% | +50 points |
| Q2 2025 | -23% | +22 points |
| Q1 2025 | -48% | +30 points |
| Q4 2024 | -45% | -11 points |
MXL's operating margin was 14% last quarter, up 47 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 MXL on cash generation, producing positive trailing cash flow while its opponent burns cash.
MXL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$19.5M | -544% |
| Q2 2026 | $2.5M | -73% |
| Q1 2026 | -$10.3M | +$3.1M |
| Q4 2025 | $6.7M | +$36.7M |
| Q3 2025 | $4.4M | +$39.3M |
| Q2 2025 | $9.3M | +$15M |
| Q1 2025 | -$13.4M | -276% |
| Q4 2024 | -$30M | -$12.2M |
MXL's free cash flow was −$21M over the past year, against −$30M 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 MXL 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.
MXL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.4% | +381K shares |
| 1 year | +12% | +10.5M shares |
| 3 years | +20% | +16.5M shares |
| 5 years | +22% | +17.9M shares |
| Available history | +38% | +26.7M shares |
MXL has 98M diluted shares, up 12% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | — |
| Q4 2022 | — |
| Q3 2022 | — |
| Q2 2022 | $5.2M |
| Q1 2022 | $26.3M |
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 MXL on leverage, with a lower net debt burden relative to earnings.
MXL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.6x | Moderate |
| Q4 2023 | -2.0x | Net Cash |
| Q3 2023 | -0.6x | Net Cash |
| Q2 2023 | -0.5x | Net Cash |
| Q1 2023 | -0.4x | Net Cash |
| Q4 2022 | -0.3x | Net Cash |
| Q3 2022 | -0.0x | Net Cash |
| Q2 2022 | 0.2x | Very low |
MXL's net debt is about 2.6 years of its operating earnings (EBITDA), after holding more cash than debt 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).
MXL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 45.8 | Neutral |
| Stochastic | 16.3 | Oversold |
MXL's weekly RSI is 46 (neutral) and its Stochastic is 16 (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.
MXL PE vs Technology Sector
| Metric | MXL | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
MXL has no meaningful PE right now: it lost money over the past year.
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 MXL on trend strength, trading above more of its moving averages.
MXL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $75.8 | 22% below |
| 20 week MA | $75.4 | 22% below |
| 50 week MA | $55.0 | 7.2% above |
| 100 week MA | $35.0 | 69% above |
| 200 week MA | $28.7 | 106% above |
MXL has pulled back, but its long-term trend is still up: it's below its 8- and 20-week averages, but 106% 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.
MXL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $21.4 | $36.7 | +71% |
| 2021 | $36.7 | $74.1 | +102% |
| 2022 | $74.1 | $33.9 | -54% |
| 2023 | $33.9 | $23.8 | -30% |
| 2024 | $23.8 | $20.5 | -14% |
| 2025 | $20.5 | $17.7 | -14% |
| 2026 YTD | $17.7 | $59.0 | +233% |
MXL has the edge over AAPL on returns for 2026, with the stronger performance.