Apple Inc. (AAPL)
Price to Operating Profit (P/OP)
since 2005
Difficulty: Beginner
Calculation
Apple Inc., P/OP, long-term trends, calculation
| P/OP | = | Share price1, 2, 3 | ÷ | Operating profit per share1 | Operating profit per share1 | = | Operating income (loss)1 (in millions) |
÷ | No. shares of common stock outstanding2 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Sep 29, 2018 | 13.49 | = | 201.59 | ÷ | 14.94 | 14.94 | = | 70,898 | ÷ | 4,745,398,000 |
| Sep 30, 2017 | 14.44 | = | 172.50 | ÷ | 11.95 | 11.95 | = | 61,344 | ÷ | 5,134,312,000 |
| Sep 24, 2016 | 10.27 | = | 115.59 | ÷ | 11.26 | 11.26 | = | 60,024 | ÷ | 5,332,313,000 |
| Sep 26, 2015 | 9.34 | = | 119.27 | ÷ | 12.78 | 12.78 | = | 71,230 | ÷ | 5,575,331,000 |
| Sep 27, 2014 | 11.74 | = | 105.11 | ÷ | 8.95 | 8.95 | = | 52,503 | ÷ | 5,864,840,000 |
| Sep 28, 2013 | 9.64 | = | 74.99 | ÷ | 7.78 | 7.78 | = | 48,999 | ÷ | 6,298,166,000 |
| Sep 29, 2012 | 10.14 | = | 85.05 | ÷ | 8.39 | 8.39 | = | 55,241 | ÷ | 6,584,844,000 |
| Sep 24, 2011 | 11.02 | = | 57.23 | ÷ | 5.19 | 5.19 | = | 33,790 | ÷ | 6,505,863,000 |
| Sep 25, 2010 | 15.36 | = | 43.98 | ÷ | 2.86 | 2.86 | = | 18,385 | ÷ | 6,421,149,693 |
| Sep 26, 2009 | 23.22 | = | 28.20 | ÷ | 1.21 | 1.21 | = | 7,658 | ÷ | 6,304,749,311 |
| Sep 27, 2008 | 14.64 | = | 14.76 | ÷ | 1.01 | 1.01 | = | 6,275 | ÷ | 6,222,545,861 |
| Sep 29, 2007 | 32.62 | = | 23.47 | ÷ | 0.72 | 0.72 | = | 4,409 | ÷ | 6,128,781,918 |
| Sep 30, 2006 | 29.72 | = | 12.12 | ÷ | 0.41 | 0.41 | = | 2,453 | ÷ | 6,014,916,299 |
| Sep 24, 2005 | 36.58 | = | 10.23 | ÷ | 0.28 | 0.28 | = | 1,650 | ÷ | 5,899,375,636 |
Based on: 10-K (filing date: 2018-11-05), 10-K (filing date: 2017-11-03), 10-K (filing date: 2016-10-26), 10-K (filing date: 2015-10-28), 10-K (filing date: 2014-10-27), 10-K (filing date: 2013-10-30), 10-K (filing date: 2012-10-31), 10-K (filing date: 2011-10-26), 10-K (filing date: 2010-10-27), 10-K (filing date: 2009-10-27), 10-K (filing date: 2008-11-05), 10-K (filing date: 2007-11-15), 10-K (filing date: 2006-12-29), 10-K (filing date: 2005-12-01).
1 USD $
2 Data adjusted for splits and stock dividends.
3 Close price on the filing date of Apple Inc.’s Annual Report.
Comparison to Competitors
Apple Inc., P/OP, long-term trends, comparison to competitors
| Apple Inc. | Applied Materials Inc. | Broadcom Inc. | Cisco Systems Inc. | HP Inc. | Intel Corp. | NVIDIA Corp. | Qualcomm Inc. | Texas Instruments Inc. | |
|---|---|---|---|---|---|---|---|---|---|
| Sep 29, 2018 | 13.49 | 6.74 | 19.42 | 17.56 | 8.52 | 9.40 | 45.61 | 103.26 | 15.00 |
| Sep 30, 2017 | 14.44 | 14.35 | 44.93 | 13.14 | 9.70 | 11.86 | 31.30 | 30.15 | 16.81 |
| Sep 24, 2016 | 10.27 | 16.54 | — | 12.46 | 7.45 | 13.40 | 23.81 | 0.23 | 16.07 |
| Sep 26, 2015 | 9.34 | 12.92 | 23.80 | 12.36 | 4.02 | 9.66 | 16.42 | 15.68 | 12.34 |
| Sep 27, 2014 | 11.74 | 19.66 | 59.05 | 13.57 | 10.16 | 10.60 | 19.81 | 17.00 | 15.64 |
| Sep 28, 2013 | 9.64 | 46.30 | 23.29 | 11.57 | 7.51 | 10.02 | 12.11 | 16.30 | 17.02 |
| Sep 29, 2012 | 10.14 | 31.47 | 13.51 | 10.03 | — | 7.13 | 14.05 | 17.43 | 19.14 |
| Sep 24, 2011 | 11.02 | 6.04 | 12.05 | 11.45 | 5.41 | 7.62 | 40.54 | 17.45 | 12.75 |
| Sep 25, 2010 | 15.36 | 12.82 | 13.69 | 13.19 | 7.87 | 7.79 | — | 22.51 | 9.25 |
| Sep 26, 2009 | 23.22 | — | 82.09 | 18.26 | 11.79 | 20.19 | — | 32.90 | 15.16 |
| Sep 27, 2008 | 14.64 | 10.25 | — | 13.94 | 8.16 | 7.50 | 13.29 | 14.67 | 8.01 |
| Sep 29, 2007 | 32.62 | 10.36 | — | 22.64 | 15.06 | 14.36 | 22.51 | 22.57 | 11.81 |
| Sep 30, 2006 | 29.72 | 12.54 | — | 19.82 | 16.85 | 21.27 | 24.83 | 22.34 | 13.27 |
| Sep 24, 2005 | 36.58 | 21.07 | — | 15.37 | 23.51 | 9.99 | 36.75 | 27.83 | 17.12 |
Based on: 10-K (filing date: 2018-11-05), 10-K (filing date: 2017-11-03), 10-K (filing date: 2016-10-26), 10-K (filing date: 2015-10-28), 10-K (filing date: 2014-10-27), 10-K (filing date: 2013-10-30), 10-K (filing date: 2012-10-31), 10-K (filing date: 2011-10-26), 10-K (filing date: 2010-10-27), 10-K (filing date: 2009-10-27), 10-K (filing date: 2008-11-05), 10-K (filing date: 2007-11-15), 10-K (filing date: 2006-12-29), 10-K (filing date: 2005-12-01).