Apple (AAPL) Return on Invested Capital (ROIC)

Price: $229.87
Market Cap: $3.47T
Avg Volume: 47.91M
Country: US
Industry: Consumer Electronics
Sector: Technology
Beta: 1.24
52W Range: $164.08-237.49
Website: Apple

Return on Invested Capital (ROIC) Summary

Apple's ROIC measures how effectively the company uses its invested capital to generate profits:

  • Annual: 57.18%
  • Quarterly: 9.00%
  • TTM: 57.18%

What is ROIC?

Return on Invested Capital (ROIC) measures how effectively a company uses its capital from debt and equity to generate profits. ROIC is a useful metric for comparing the efficiency of capital allocation between different companies or across time periods within the same company. A higher ROIC indicates a more efficient use of capital.

Related Metrics

Other important metrics to assess Apple's profitability include:

  • ROE (Return on Equity) - measures the return generated on shareholders' equity:
    • Annual: 164.59%
    • Quarterly: 25.88%
    • TTM: 137.87%
  • ROA (Return on Assets) - measures the return generated on the company's assets:
    • Annual: 25.68%
    • Quarterly: 4.04%
    • TTM: 25.68%

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 ROIC

57.18%

Quarterly ROIC

9.00%

TTM ROIC

57.18%

Apple Historical ROIC
58.62%58.62%46.89%46.89%35.17%35.17%23.45%23.45%11.72%11.72%0.00%0.00%ROIC20162016201720172018201820192019202020202021202120222022202320232024202420252025
Historical ROE
198.98%198.98%132.65%132.65%66.33%66.33%0.00%0.00%ROE20162016201720172018201820192019202020202021202120222022202320232024202420252025
Historical ROA
28.29%28.29%22.63%22.63%16.98%16.98%11.32%11.32%5.66%5.66%0.00%0.00%ROA20162016201720172018201820192019202020202021202120222022202320232024202420252025

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 ROIC ROE ROA
2024 57.18% 164.59% 25.68%
2023 56.27% 156.08% 27.51%
2022 58.62% 196.96% 28.29%
2021 50.29% 150.07% 26.97%
2020 31.91% 87.87% 17.73%
2019 27.07% 61.06% 16.32%
2018 26.12% 55.56% 16.28%
2017 18.53% 36.07% 12.88%
2016 21.64% 35.62% 14.20%
2015 28.55% 44.74% 18.39%