Apple (AAPL) Return on Equity (ROE)

Price: $244.6
Market Cap: $3.67T
Avg Volume: 50.56M
Country: US
Industry: Consumer Electronics
Sector: Technology
Beta: 1.24
52W Range: $164.08-260.1
Website: Apple

Return on Equity (ROE) Summary

Apple's ROE measures the return generated on shareholders' equity:

  • Annual: 164.59%
  • Quarterly: 54.42%
  • TTM: 145.35%

What is Return on Equity (ROE)?

Return on Equity measures a company's ability to generate profits from its shareholders' equity. It indicates how effectively the management is using the company’s assets to create profits. A higher ROE generally reflects well on the company’s management and its ability to generate profits without needing as much capital.

Related Metrics

Other important metrics to assess Apple's profitability include:

  • ROIC (Return on Invested Capital) - measures how effectively the company uses its invested capital to generate profits:
    • Annual: 44.31%
    • Quarterly: 17.19%
    • TTM: 45.21%
  • ROA (Return on Assets) - measures the return generated on the company's assets:
    • Annual: 25.68%
    • Quarterly: 10.56%
    • TTM: 27.94%
  • Profit Margin - indicates the profitability of the company relative to its revenue:
    • Annual: 23.97%
    • Quarterly: 29.23%
    • TTM: 24.30%

These metrics provide insights into Apple's profitability and efficiency in using its capital and assets to generate returns. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual ROE

164.59%

Quarterly ROE

54.42%

TTM ROE

145.35%

Apple Historical ROE
Historical ROIC
Historical ROA

Apple Historical Profitability Metrics

The table below shows various profitability metrics for each year, with the latest data available for the last fiscal year 2024.

Year ROE ROIC ROA Profit Margin
2024 164.59% 44.31% 25.68% 23.97%
2023 156.08% 43.39% 27.51% 25.31%
2022 196.96% 45.17% 28.29% 25.31%
2021 150.07% 38.93% 26.97% 25.88%
2020 87.87% 24.27% 17.73% 20.91%
2019 61.06% 21.58% 16.32% 21.24%
2018 55.56% 21.40% 16.28% 22.41%
2017 36.07% 15.80% 12.88% 21.09%
2016 35.62% 18.32% 14.20% 21.19%
2015 44.74% 23.76% 18.39% 22.85%