AAPL
Apple Inc.
AAPL offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
ROG
Rogers Corporation
ROG 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.
ROG Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Strong |
ROG's profitability, cash flow and balance sheet are currently healthy, and its revenue is 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 has the edge over ROG in the historical PE scenario, which offers more potential upside but is not a forecast.
ROG PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 28x | $130 | — |
| Cheap | 29x | $71.92 | -45% |
| Fair | 45x | $112 | -14% |
| Current | 53x | $130 | — |
| Expensive | 74x | $182 | +40% |
Historical ranges are pointers, not guarantees.
ROG's PE is in its fair range at 53x. If earnings grow as analysts expect, today's price would be 28x next year's earnings, in its cheap range.
AAPL Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Weakening | |
| Moderate | |
| Moderate |
Analysts expect earnings and revenue growth for AAPL, but weaker profitability.
ROG Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
ROG 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 has the edge over ROG on earnings, with more consistent year-over-year improvement.
ROG Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.65 | +88% |
| Q3 2026 | $2.47 | +$6.11 |
| Q2 2026 | $1.69 | +$5.23 |
| Q1 2026 | -$3.07 | -441% |
| Q4 2025 | -$3.40 | -343% |
| Q3 2025 | -$3.64 | -236% |
| Q2 2025 | -$3.54 | -213% |
| Q1 2025 | $0.90 | -75% |
| Q4 2024 | $1.40 | -54% |
ROG has returned to profit: it earned $2.47 per share over the past year, after losing money the year before.
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 ROG 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 ROG on profitability, with a higher operating margin.
ROG Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $236.1M | +9.3% |
| Q2 2026 | $216.8M | +6.9% |
| Q1 2026 | $200.5M | +5.2% |
| Q4 2025 | $201.5M | +4.8% |
| Q3 2025 | $216M | +2.7% |
| Q2 2025 | $202.8M | -5.3% |
| Q1 2025 | $190.5M | -11% |
| Q4 2024 | $192.2M | -6.1% |
ROG's revenue has grown year over year for five quarters in a row: $236M last quarter, up 9.3% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 13% | +5.5 points |
| Q2 2026 | 9.2% | +43 points |
| Q1 2026 | 5.3% | +5.5 points |
| Q4 2025 | 3.5% | +10 points |
| Q3 2025 | 7.3% | +0.3 points |
| Q2 2025 | -33% | -39 points |
| Q1 2025 | -0.2% | -5.6 points |
| Q4 2024 | -6.6% | -22 points |
ROG's operating margin was 13% last quarter, up 5.5 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 has the edge over ROG on cash flow, with more consistent year-over-year improvement.
ROG Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $35.4M | +67% |
| Q2 2026 | $18.3M | +227% |
| Q1 2026 | $1.1M | -48% |
| Q4 2025 | $42.2M | +131% |
| Q3 2025 | $21.2M | -16% |
| Q2 2025 | $5.6M | -36% |
| Q1 2025 | $2.1M | -89% |
| Q4 2024 | $18.3M | -63% |
ROG still generates free cash flow, though less than at its 2022 peak: $97M over the past year.
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 ROG 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.
ROG Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.6% | -100K shares |
| 1 year | -1.1% | -200K shares |
| 3 years | -4.2% | -785K shares |
| 5 years | -5.2% | -974K shares |
| Available history | -4.3% | -813K shares |
ROG has 18M diluted shares, down 1.1% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $9.3M |
| Q4 2025 | $14.3M |
| Q3 2025 | $10M |
| Q2 2025 | $28.1M |
| Q1 2025 | — |
| Q4 2024 | $11.9M |
| Q3 2024 | — |
| Q2 2024 | $7.6M |
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's net debt is less than a year of its operating earnings (EBITDA).
ROG Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.7x | Net Cash |
| Q2 2026 | -1.7x | Net Cash |
| Q1 2026 | -9.3x | Net Cash |
| Q4 2025 | -21.2x | Net Cash |
| Q1 2025 | -2.8x | Net Cash |
| Q4 2024 | -2.2x | Net Cash |
| Q3 2024 | -1.3x | Net Cash |
| Q2 2024 | -0.9x | Net Cash |
ROG has the edge over AAPL on leverage, with a lower net debt burden relative to earnings.
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).
ROG Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 49.4 | Neutral |
| Stochastic | 26.8 | Neutral |
ROG's weekly RSI is 49 (neutral) and its Stochastic is 27 (neutral).
AAPL PE vs Technology Sector
| Metric | AAPL | Sector median | Relative |
|---|---|---|---|
| PE | 40x | 28x | 42% above |
| PE % | 96 | 35 | 61 pts above |
AAPL has the edge over ROG on valuation relative to its sector.
ROG PE vs Technology Sector
| Metric | ROG | Sector median | Relative |
|---|---|---|---|
| PE | 53x | 28x | 89% above |
| PE % | 63 | 35 | 28 pts above |
ROG is trading at 53x earnings, a 89% premium to the Technology sector's median of 28x.
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 ROG on trend strength, trading above more of its moving averages.
ROG Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $136.1 | 4.5% below |
| 20 week MA | $134.0 | 3% below |
| 50 week MA | $123.0 | 5.6% above |
| 100 week MA | $100.3 | 30% above |
| 200 week MA | $114.9 | 13% above |
ROG has slipped below its 8- and 20-week averages, though it's still 13% 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.
ROG Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $125.4 | $151.3 | +21% |
| 2021 | $151.3 | $272.7 | +80% |
| 2022 | $272.7 | $113.5 | -58% |
| 2023 | $113.5 | $132.1 | +16% |
| 2024 | $132.1 | $104.5 | -21% |
| 2025 | $104.5 | $94.3 | -9.8% |
| 2026 YTD | $94.3 | $129.9 | +38% |
ROG has the edge over AAPL on returns for 2026, with the stronger performance.