Return on Assets (ROA) since 2005
Difficulty: Beginner
Calculation
Apple Inc., ROA, long-term trends, calculation
| ROA | = | 100 | × | Net income (loss)1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|---|---|
| Sep 24, 2005 | 11.56% | = | 100 | × | 1,335 | ÷ | 11,551 |
| Sep 30, 2006 | 11.56% | = | 100 | × | 1,989 | ÷ | 17,205 |
| Sep 29, 2007 | 13.79% | = | 100 | × | 3,496 | ÷ | 25,347 |
| Sep 27, 2008 | 12.22% | = | 100 | × | 4,834 | ÷ | 39,572 |
| Sep 26, 2009 | 10.59% | = | 100 | × | 5,704 | ÷ | 53,851 |
| Sep 25, 2010 | 18.64% | = | 100 | × | 14,013 | ÷ | 75,183 |
| Sep 24, 2011 | 22.28% | = | 100 | × | 25,922 | ÷ | 116,371 |
| Sep 29, 2012 | 23.70% | = | 100 | × | 41,733 | ÷ | 176,064 |
| Sep 28, 2013 | 17.89% | = | 100 | × | 37,037 | ÷ | 207,000 |
| Sep 27, 2014 | 17.04% | = | 100 | × | 39,510 | ÷ | 231,839 |
| Sep 26, 2015 | 18.38% | = | 100 | × | 53,394 | ÷ | 290,479 |
| Sep 24, 2016 | 14.20% | = | 100 | × | 45,687 | ÷ | 321,686 |
| Sep 30, 2017 | 12.88% | = | 100 | × | 48,351 | ÷ | 375,319 |
1 USD $ in millions
Source: Based on data from Apple Inc. Annual Reports
Comparison to Competitors
Apple Inc., ROA, long-term trends, comparison to competitors
| Apple Inc. | Applied Materials Inc. | Broadcom Ltd. | Cisco Systems Inc. | HP Inc. | Intel Corp. | NVIDIA Corp. | Qualcomm Inc. | Texas Instruments Inc. | |
|---|---|---|---|---|---|---|---|---|---|
| Sep 24, 2005 | 11.56% | 10.74% | –% | 16.94% | 3.10% | 17.93% | 6.16% | 17.17% | 15.43% |
| Sep 30, 2006 | 11.56% | 16.00% | –% | 12.88% | 7.56% | 10.43% | 15.80% | 16.24% | 31.16% |
| Sep 29, 2007 | 13.79% | 16.05% | –% | 13.75% | 8.19% | 12.54% | 16.78% | 17.86% | 20.98% |
| Sep 27, 2008 | 12.22% | 8.73% | –% | 13.71% | 7.35% | 10.43% | 21.28% | 12.86% | 16.10% |
| Sep 26, 2009 | 10.59% | -3.19% | -2.23% | 9.00% | 6.67% | 8.23% | -0.90% | 5.80% | 12.13% |
| Sep 25, 2010 | 18.64% | 8.57% | 19.24% | 9.57% | 7.04% | 18.14% | -1.90% | 10.62% | 24.09% |
| Sep 24, 2011 | 22.28% | 13.90% | 22.57% | 7.45% | 5.46% | 18.20% | 5.63% | 11.70% | 10.91% |
| Sep 29, 2012 | 23.70% | 0.90% | 19.67% | 8.76% | -11.63% | 13.05% | 10.46% | 14.20% | 8.79% |
| Sep 28, 2013 | 17.89% | 2.13% | 16.16% | 9.87% | 4.84% | 10.42% | 8.77% | 15.06% | 11.42% |
| Sep 27, 2014 | 17.04% | 8.14% | 2.51% | 7.47% | 4.86% | 12.73% | 6.07% | 16.40% | 15.92% |
| Sep 26, 2015 | 18.38% | 9.00% | 12.88% | 7.91% | 4.26% | 11.08% | 8.76% | 10.38% | 18.40% |
| Sep 24, 2016 | 14.20% | 11.80% | -3.48% | 8.83% | 8.60% | 9.10% | 8.33% | 10.90% | 21.88% |
| Sep 30, 2017 | 12.88% | 17.68% | 3.11% | 7.40% | 7.67% | 7.79% | 16.93% | 3.77% | 20.87% |
Source: Based on data from Apple Inc. Annual Reports
Comparison to Technology Hardware & Equipment Sector
Apple Inc., ROA, long-term trends, comparison to Technology Hardware & Equipment sector
| Apple Inc. | Technology Hardware & Equipment | |
|---|---|---|
| Sep 24, 2005 | 11.56% | 11.31% |
| Sep 30, 2006 | 11.56% | 11.86% |
| Sep 29, 2007 | 13.79% | 12.41% |
| Sep 27, 2008 | 12.22% | 10.63% |
| Sep 26, 2009 | 10.59% | 7.71% |
| Sep 25, 2010 | 18.64% | 12.30% |
| Sep 24, 2011 | 22.28% | 12.80% |
| Sep 29, 2012 | 23.70% | 10.51% |
| Sep 28, 2013 | 17.89% | 12.17% |
| Sep 27, 2014 | 17.04% | 12.18% |
| Sep 26, 2015 | 18.38% | 12.60% |
| Sep 24, 2016 | 14.20% | 10.89% |
| Sep 30, 2017 | 12.88% | 10.03% |
Source: Based on data from Apple Inc. Annual Reports
Comparison to Technology Industry
Apple Inc., ROA, long-term trends, comparison to Technology industry
| Apple Inc. | Technology | |
|---|---|---|
| Sep 24, 2005 | 11.56% | 11.63% |
| Sep 30, 2006 | 11.56% | 12.34% |
| Sep 29, 2007 | 13.79% | 12.92% |
| Sep 27, 2008 | 12.22% | 12.72% |
| Sep 26, 2009 | 10.59% | 10.68% |
| Sep 25, 2010 | 18.64% | 13.49% |
| Sep 24, 2011 | 22.28% | 13.87% |
| Sep 29, 2012 | 23.70% | 11.40% |
| Sep 28, 2013 | 17.89% | 12.49% |
| Sep 27, 2014 | 17.04% | 11.58% |
| Sep 26, 2015 | 18.38% | 10.95% |
| Sep 24, 2016 | 14.20% | 10.48% |
| Sep 30, 2017 | 12.88% | 9.11% |
Source: Based on data from Apple Inc. Annual Reports