Apple vs Dell Technologies
Apple is the larger business, with $478.83bn of revenue in fiscal 2026 against $113.54bn for Dell Technologies (4.2 times as much). Dell Technologies grew faster (18.8% against 15.1%). Apple kept more of each dollar of sales as profit: a net margin of 27.6% against 5.2%.
| Latest fiscal year | AppleAAPL, 2026 | Dell TechnologiesDELL, 2026 |
|---|---|---|
| Revenue | $478.83bn | $113.54bn |
| Revenue growth | 15.1% | 18.8% |
| Net income | $132.18bn | $5.94bn |
| Operating margin | 33.0% | 7.2% |
| Net margin | 27.6% | 5.2% |
| Return on equity | 142.3% | — |
| Free cash flow | $136.06bn | $8.55bn |
| Cash | $36.30bn | $11.53bn |
| Total debt | $80.11bn | $31.50bn |
| Debt to equity | 71.5% | — |
| Dividend per share | $1.06 | $2.10 |
| Dividend yield | 0.3% | 0.6% |
| Share buybacks | $86.39bn | $6.01bn |
| Employees | 166,000 | 97,000 |
| Market value | $4.81tn | $260.54bn |
| Price vs our value range | Above our value range | Within our value range |
| Moat score | 87 (Strong) | 45 (Weak) |
| Insider trades, 12 months | 0 buys, 47 sales | 0 buys, 2709 sales |