Return on Equity (ROE)
since 2005
Calculation
Apple Inc., ROE, long-term trends, calculation
| ROE | = | 100 | × | Net income (loss)1 | ÷ | Shareholders’ equity1 | |
|---|---|---|---|---|---|---|---|
| Sep 25, 2021 | 150.07% | = | 100 | × | 94,680 | ÷ | 63,090 |
| Sep 26, 2020 | 87.87% | = | 100 | × | 57,411 | ÷ | 65,339 |
| Sep 28, 2019 | 61.06% | = | 100 | × | 55,256 | ÷ | 90,488 |
| Sep 29, 2018 | 55.56% | = | 100 | × | 59,531 | ÷ | 107,147 |
| Sep 30, 2017 | 36.07% | = | 100 | × | 48,351 | ÷ | 134,047 |
| Sep 24, 2016 | 35.62% | = | 100 | × | 45,687 | ÷ | 128,249 |
| Sep 26, 2015 | 44.74% | = | 100 | × | 53,394 | ÷ | 119,355 |
| Sep 27, 2014 | 35.42% | = | 100 | × | 39,510 | ÷ | 111,547 |
| Sep 28, 2013 | 29.98% | = | 100 | × | 37,037 | ÷ | 123,549 |
| Sep 29, 2012 | 35.30% | = | 100 | × | 41,733 | ÷ | 118,210 |
| Sep 24, 2011 | 33.83% | = | 100 | × | 25,922 | ÷ | 76,615 |
| Sep 25, 2010 | 29.32% | = | 100 | × | 14,013 | ÷ | 47,791 |
| Sep 26, 2009 | 20.49% | = | 100 | × | 5,704 | ÷ | 27,832 |
| Sep 27, 2008 | 22.99% | = | 100 | × | 4,834 | ÷ | 21,030 |
| Sep 29, 2007 | 24.06% | = | 100 | × | 3,496 | ÷ | 14,532 |
| Sep 30, 2006 | 19.92% | = | 100 | × | 1,989 | ÷ | 9,984 |
| Sep 24, 2005 | 17.88% | = | 100 | × | 1,335 | ÷ | 7,466 |
Based on: 10-K (reporting date: 2021-09-25), 10-K (reporting date: 2020-09-26), 10-K (reporting date: 2019-09-28), 10-K (reporting date: 2018-09-29), 10-K (reporting date: 2017-09-30), 10-K (reporting date: 2016-09-24), 10-K (reporting date: 2015-09-26), 10-K (reporting date: 2014-09-27), 10-K (reporting date: 2013-09-28), 10-K (reporting date: 2012-09-29), 10-K (reporting date: 2011-09-24), 10-K (reporting date: 2010-09-25), 10-K (reporting date: 2009-09-26), 10-K (reporting date: 2008-09-27), 10-K (reporting date: 2007-09-29), 10-K (reporting date: 2006-09-30), 10-K (reporting date: 2005-09-24).
1 US$ in millions
Comparison to Competitors
Apple Inc., ROE, long-term trends, comparison to competitors
| Apple Inc. | Cisco Systems Inc. | Enphase Energy Inc. | |
|---|---|---|---|
| Sep 25, 2021 | 150.07% | 25.66% | 33.81% |
| Sep 26, 2020 | 87.87% | 29.57% | 27.69% |
| Sep 28, 2019 | 61.06% | 34.62% | 59.20% |
| Sep 29, 2018 | 55.56% | 0.25% | -149.52% |
| Sep 30, 2017 | 36.07% | 14.53% | — |
| Sep 24, 2016 | 35.62% | 16.89% | -5,189.38% |
| Sep 26, 2015 | 44.74% | 15.04% | -53.28% |
| Sep 27, 2014 | 35.42% | 13.86% | -17.15% |
| Sep 28, 2013 | 29.98% | 16.89% | -64.45% |
| Sep 29, 2012 | 35.30% | 15.68% | -67.46% |
| Sep 24, 2011 | 33.83% | 13.74% | — |
| Sep 25, 2010 | 29.32% | 17.55% | — |
| Sep 26, 2009 | 20.49% | 15.87% | — |
| Sep 27, 2008 | 22.99% | 23.44% | — |
| Sep 29, 2007 | 24.06% | 23.29% | — |
| Sep 30, 2006 | 19.92% | 23.34% | — |
| Sep 24, 2005 | 17.88% | 24.77% | — |
Based on: 10-K (reporting date: 2021-09-25), 10-K (reporting date: 2020-09-26), 10-K (reporting date: 2019-09-28), 10-K (reporting date: 2018-09-29), 10-K (reporting date: 2017-09-30), 10-K (reporting date: 2016-09-24), 10-K (reporting date: 2015-09-26), 10-K (reporting date: 2014-09-27), 10-K (reporting date: 2013-09-28), 10-K (reporting date: 2012-09-29), 10-K (reporting date: 2011-09-24), 10-K (reporting date: 2010-09-25), 10-K (reporting date: 2009-09-26), 10-K (reporting date: 2008-09-27), 10-K (reporting date: 2007-09-29), 10-K (reporting date: 2006-09-30), 10-K (reporting date: 2005-09-24).
Comparison to Sector (Technology Hardware & Equipment)
Apple Inc., ROE, long-term trends, comparison to sector (technology hardware & equipment)
| Apple Inc. | Technology Hardware & Equipment | |
|---|---|---|
| Sep 25, 2021 | 150.07% | 100.59% |
| Sep 26, 2020 | 87.87% | 66.28% |
| Sep 28, 2019 | 61.06% | 53.92% |
| Sep 29, 2018 | 55.56% | 39.66% |
| Sep 30, 2017 | 36.07% | 28.93% |
| Sep 24, 2016 | 35.62% | 29.38% |
| Sep 26, 2015 | 44.74% | 34.82% |
| Sep 27, 2014 | 35.42% | 28.15% |
| Sep 28, 2013 | 29.98% | 25.72% |
| Sep 29, 2012 | 35.30% | 29.33% |
| Sep 24, 2011 | 33.83% | 26.17% |
| Sep 25, 2010 | 29.32% | 23.66% |
| Sep 26, 2009 | 20.49% | 17.81% |
| Sep 27, 2008 | 22.99% | 23.27% |
| Sep 29, 2007 | 24.06% | 23.54% |
| Sep 30, 2006 | 19.92% | 22.33% |
| Sep 24, 2005 | 17.88% | 23.09% |
Based on: 10-K (reporting date: 2021-09-25), 10-K (reporting date: 2020-09-26), 10-K (reporting date: 2019-09-28), 10-K (reporting date: 2018-09-29), 10-K (reporting date: 2017-09-30), 10-K (reporting date: 2016-09-24), 10-K (reporting date: 2015-09-26), 10-K (reporting date: 2014-09-27), 10-K (reporting date: 2013-09-28), 10-K (reporting date: 2012-09-29), 10-K (reporting date: 2011-09-24), 10-K (reporting date: 2010-09-25), 10-K (reporting date: 2009-09-26), 10-K (reporting date: 2008-09-27), 10-K (reporting date: 2007-09-29), 10-K (reporting date: 2006-09-30), 10-K (reporting date: 2005-09-24).
Comparison to Industry (Information Technology)
Apple Inc., ROE, long-term trends, comparison to industry (information technology)
| Apple Inc. | Information Technology | |
|---|---|---|
| Sep 25, 2021 | 150.07% | 42.37% |
| Sep 26, 2020 | 87.87% | 35.05% |
| Sep 28, 2019 | 61.06% | 36.73% |
| Sep 29, 2018 | 55.56% | 30.80% |
| Sep 30, 2017 | 36.07% | 23.41% |
| Sep 24, 2016 | 35.62% | 22.90% |
| Sep 26, 2015 | 44.74% | 25.82% |
| Sep 27, 2014 | 35.42% | 26.09% |
| Sep 28, 2013 | 29.98% | 25.02% |
| Sep 29, 2012 | 35.30% | 25.29% |
| Sep 24, 2011 | 33.83% | 28.29% |
| Sep 25, 2010 | 29.32% | 26.82% |
| Sep 26, 2009 | 20.49% | 20.15% |
| Sep 27, 2008 | 22.99% | 24.29% |
| Sep 29, 2007 | 24.06% | 24.60% |
| Sep 30, 2006 | 19.92% | 23.08% |
| Sep 24, 2005 | 17.88% | 22.59% |
Based on: 10-K (reporting date: 2021-09-25), 10-K (reporting date: 2020-09-26), 10-K (reporting date: 2019-09-28), 10-K (reporting date: 2018-09-29), 10-K (reporting date: 2017-09-30), 10-K (reporting date: 2016-09-24), 10-K (reporting date: 2015-09-26), 10-K (reporting date: 2014-09-27), 10-K (reporting date: 2013-09-28), 10-K (reporting date: 2012-09-29), 10-K (reporting date: 2011-09-24), 10-K (reporting date: 2010-09-25), 10-K (reporting date: 2009-09-26), 10-K (reporting date: 2008-09-27), 10-K (reporting date: 2007-09-29), 10-K (reporting date: 2006-09-30), 10-K (reporting date: 2005-09-24).