Return on Equity (ROE)
since 2005
Calculation
Apple Inc., ROE, long-term trends, calculation
| ROE | = | 100 | × | Net income (loss)1 | ÷ | Shareholders’ equity1 | |
|---|---|---|---|---|---|---|---|
| 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 (filing date: 2020-10-30), 10-K (filing date: 2019-10-31), 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 US$ in millions
Comparison to Competitors
Apple Inc., ROE, long-term trends, comparison to competitors
| Apple Inc. | Cisco Systems Inc. | |
|---|---|---|
| Sep 26, 2020 | 87.87% | 29.57% |
| Sep 28, 2019 | 61.06% | 34.62% |
| Sep 29, 2018 | 55.56% | 0.25% |
| Sep 30, 2017 | 36.07% | 14.53% |
| Sep 24, 2016 | 35.62% | 16.89% |
| Sep 26, 2015 | 44.74% | 15.04% |
| Sep 27, 2014 | 35.42% | 13.86% |
| Sep 28, 2013 | 29.98% | 16.89% |
| Sep 29, 2012 | 35.30% | 15.68% |
| 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 (filing date: 2020-10-30), 10-K (filing date: 2019-10-31), 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).
Comparison to Sector (Technology Hardware & Equipment)
Apple Inc., ROE, long-term trends, comparison to sector (technology hardware & equipment)
| Apple Inc. | Technology Hardware & Equipment | |
|---|---|---|
| Sep 26, 2020 | 87.87% | 66.46% |
| Sep 28, 2019 | 61.06% | 53.91% |
| Sep 29, 2018 | 55.56% | 39.67% |
| Sep 30, 2017 | 36.07% | 28.95% |
| Sep 24, 2016 | 35.62% | 29.41% |
| Sep 26, 2015 | 44.74% | 34.84% |
| Sep 27, 2014 | 35.42% | 28.16% |
| Sep 28, 2013 | 29.98% | 25.74% |
| Sep 29, 2012 | 35.30% | 29.37% |
| 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 (filing date: 2020-10-30), 10-K (filing date: 2019-10-31), 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).
Comparison to Industry (Information Technology)
Apple Inc., ROE, long-term trends, comparison to industry (information technology)
| Apple Inc. | Information Technology | |
|---|---|---|
| Sep 26, 2020 | 87.87% | 32.11% |
| Sep 28, 2019 | 61.06% | 33.34% |
| Sep 29, 2018 | 55.56% | 31.07% |
| Sep 30, 2017 | 36.07% | 23.72% |
| Sep 24, 2016 | 35.62% | 23.14% |
| Sep 26, 2015 | 44.74% | 25.87% |
| Sep 27, 2014 | 35.42% | 25.85% |
| Sep 28, 2013 | 29.98% | 24.82% |
| Sep 29, 2012 | 35.30% | 25.18% |
| Sep 24, 2011 | 33.83% | 27.82% |
| Sep 25, 2010 | 29.32% | 26.44% |
| Sep 26, 2009 | 20.49% | 19.78% |
| Sep 27, 2008 | 22.99% | 24.17% |
| Sep 29, 2007 | 24.06% | 24.26% |
| Sep 30, 2006 | 19.92% | 22.93% |
| Sep 24, 2005 | 17.88% | 22.63% |
Based on: 10-K (filing date: 2020-10-30), 10-K (filing date: 2019-10-31), 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).