Return on Equity snapshot
Apple's return on equity was 151.9% in FY2025, compared with 164.6% in FY2024. On a trailing-twelve-month basis it was 115.1% as of Q2 FY26. Return on equity (ROE) is net income divided by shareholders' equity. It measures how much profit a company generates for each dollar of equity capital.
Return on Equity (latest FY)
151.9%
Return on Equity (TTM)
115.1%
Return on assets (latest FY)
31.2%
Return on invested capital (latest FY)
81.5%
Apple Return on Equity
Net income ÷ shareholders' equity
Return on Equity vs. related metrics
Apple Return on Equity — by fiscal year
| Fiscal year | Return on equity | Return on assets | Return on invested capital |
|---|---|---|---|
| FY2025 | 151.9% | 31.2% | 81.5% |
| FY2024 | 164.6% | 25.7% | 69.5% |
| FY2023 | 156.1% | 27.5% | 67.6% |
| FY2022 | 197.0% | 28.3% | 67.6% |
| FY2021 | 150.1% | 27.0% | 61.4% |
| FY2020 | 87.9% | 17.7% | 40.4% |
| FY2019 | 61.1% | 16.3% | 35.9% |
| FY2018 | 55.6% | 16.3% | 29.6% |
| FY2017 | 36.1% | 12.9% | 20.2% |
| FY2016 | 35.6% | 14.2% | 22.9% |
| FY2015 | 44.7% | 18.4% | 32.3% |
| FY2014 | 35.4% | 17.0% | 29.2% |
| FY2013 | 30.0% | 17.9% | 28.7% |
| FY2012 | 35.3% | 23.7% | 38.5% |
| FY2011 | 33.8% | 22.3% | — |
| FY2010 | 29.3% | 18.6% | — |
| FY2009 | 26.0% | 17.3% | — |
| FY2008 | 27.4% | 16.9% | — |
| FY2007 | 24.1% | — | — |
| FY2006 | — | — | — |
By quarter (trailing-twelve-month basis)
| Quarter | Return on equity | Return on assets | Return on invested capital |
|---|---|---|---|
| Q2 FY26 | 115.1% | 33.0% | 84.0% |
| Q1 FY26 | 133.5% | 31.1% | 88.3% |
| Q4 FY25 | 151.9% | 31.2% | 81.5% |
| Q3 FY25 | 150.8% | 29.9% | 76.0% |
| Q2 FY25 | 145.7% | 29.4% | 71.3% |
| Q1 FY25 | 144.0% | 27.9% | 72.1% |
| Q4 FY24 | 164.6% | 25.7% | 69.5% |
| Q3 FY24 | 152.8% | 30.7% | 71.4% |
| Q2 FY24 | 135.3% | 29.8% | 68.8% |
| Q1 FY24 | 136.2% | 28.5% | 71.5% |
| Q4 FY23 | 156.1% | 27.5% | 67.6% |
| Q3 FY23 | 157.2% | 28.3% | 67.6% |
Figures normalized from SEC filings. See the full Apple ratios & metrics.