Apple Inc. (AAPL)
Return on Equity (ROE)
since 2005
Difficulty: Beginner
Calculation
Apple Inc., ROE, long-term trends, calculation
| ROE | = | 100 | × | Net income (loss)1 | ÷ | Shareholders’ equity1 | |
|---|---|---|---|---|---|---|---|
| Sep 24, 2005 | 17.88% | = | 100 | × | 1,335 | ÷ | 7,466 |
| Sep 30, 2006 | 19.92% | = | 100 | × | 1,989 | ÷ | 9,984 |
| Sep 29, 2007 | 24.06% | = | 100 | × | 3,496 | ÷ | 14,532 |
| Sep 27, 2008 | 22.99% | = | 100 | × | 4,834 | ÷ | 21,030 |
| Sep 26, 2009 | 20.49% | = | 100 | × | 5,704 | ÷ | 27,832 |
| Sep 25, 2010 | 29.32% | = | 100 | × | 14,013 | ÷ | 47,791 |
| Sep 24, 2011 | 33.83% | = | 100 | × | 25,922 | ÷ | 76,615 |
| Sep 29, 2012 | 35.30% | = | 100 | × | 41,733 | ÷ | 118,210 |
| Sep 28, 2013 | 29.98% | = | 100 | × | 37,037 | ÷ | 123,549 |
| Sep 27, 2014 | 35.42% | = | 100 | × | 39,510 | ÷ | 111,547 |
| Sep 26, 2015 | 44.74% | = | 100 | × | 53,394 | ÷ | 119,355 |
| Sep 24, 2016 | 35.62% | = | 100 | × | 45,687 | ÷ | 128,249 |
| Sep 30, 2017 | 36.07% | = | 100 | × | 48,351 | ÷ | 134,047 |
| Sep 29, 2018 | 55.56% | = | 100 | × | 59,531 | ÷ | 107,147 |
Based on: 10-K (filing date: 2005-12-01), 10-K (filing date: 2006-12-29), 10-K (filing date: 2007-11-15), 10-K (filing date: 2008-11-05), 10-K (filing date: 2009-10-27), 10-K (filing date: 2010-10-27), 10-K (filing date: 2011-10-26), 10-K (filing date: 2012-10-31), 10-K (filing date: 2013-10-30), 10-K (filing date: 2014-10-27), 10-K (filing date: 2015-10-28), 10-K (filing date: 2016-10-26), 10-K (filing date: 2017-11-03), 10-K (filing date: 2018-11-05).
1 USD $ in millions
Comparison to Competitors
Apple Inc., ROE, 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 24, 2005 | 17.88% | 13.55% | – | 24.77% | 6.45% | 23.95% | 8.52% | 19.27% | 19.47% |
| Sep 30, 2006 | 19.92% | 22.80% | – | 23.34% | 16.25% | 13.72% | 20.76% | 18.42% | 38.21% |
| Sep 29, 2007 | 24.06% | 21.87% | – | 23.29% | 18.85% | 16.31% | 22.36% | 20.86% | 26.64% |
| Sep 27, 2008 | 22.99% | 12.73% | – | 23.44% | 21.39% | 13.54% | 30.47% | 17.61% | 20.59% |
| Sep 26, 2009 | 20.49% | -4.30% | -4.23% | 15.87% | 18.91% | 10.48% | -1.25% | 7.84% | 15.12% |
| Sep 25, 2010 | 29.32% | 12.44% | 27.57% | 17.55% | 21.66% | 23.19% | -2.55% | 15.57% | 30.93% |
| Sep 24, 2011 | 33.83% | 21.89% | 27.52% | 13.74% | 18.31% | 28.19% | 7.96% | 15.81% | 20.42% |
| Sep 29, 2012 | 35.30% | 1.51% | 23.27% | 15.68% | -56.38% | 21.49% | 14.02% | 18.22% | 16.05% |
| Sep 28, 2013 | 29.98% | 3.61% | 19.13% | 16.89% | 18.75% | 16.51% | 11.65% | 18.99% | 20.01% |
| Sep 27, 2014 | 35.42% | 13.62% | 8.11% | 13.86% | 18.75% | 20.95% | 9.87% | 20.34% | 27.15% |
| Sep 26, 2015 | 44.74% | 18.09% | 28.94% | 15.04% | 16.40% | 18.70% | 14.27% | 16.78% | 30.02% |
| Sep 24, 2016 | 35.62% | 23.85% | -9.20% | 16.89% | – | 15.58% | 13.74% | 17.95% | 34.33% |
| Sep 30, 2017 | 36.07% | 36.73% | 8.34% | 14.53% | – | 13.91% | 28.91% | 8.02% | 35.62% |
| Sep 29, 2018 | 55.56% | 48.44% | 45.99% | 0.25% | – | 28.24% | 40.78% | -524.14% | 62.04% |
Based on: 10-K (filing date: 2005-12-01), 10-K (filing date: 2006-12-29), 10-K (filing date: 2007-11-15), 10-K (filing date: 2008-11-05), 10-K (filing date: 2009-10-27), 10-K (filing date: 2010-10-27), 10-K (filing date: 2011-10-26), 10-K (filing date: 2012-10-31), 10-K (filing date: 2013-10-30), 10-K (filing date: 2014-10-27), 10-K (filing date: 2015-10-28), 10-K (filing date: 2016-10-26), 10-K (filing date: 2017-11-03), 10-K (filing date: 2018-11-05).
Comparison to Technology Hardware & Equipment Sector
Apple Inc., ROE, long-term trends, comparison to Technology Hardware & Equipment sector
| Apple Inc. | Technology Hardware & Equipment | |
|---|---|---|
| Sep 24, 2005 | 17.88% | 17.44% |
| Sep 30, 2006 | 19.92% | 19.37% |
| Sep 29, 2007 | 24.06% | 20.37% |
| Sep 27, 2008 | 22.99% | 19.52% |
| Sep 26, 2009 | 20.49% | 14.03% |
| Sep 25, 2010 | 29.32% | 22.12% |
| Sep 24, 2011 | 33.83% | 23.69% |
| Sep 29, 2012 | 35.30% | 18.99% |
| Sep 28, 2013 | 29.98% | 21.87% |
| Sep 27, 2014 | 35.42% | 24.26% |
| Sep 26, 2015 | 44.74% | 27.60% |
| Sep 24, 2016 | 35.62% | 24.20% |
| Sep 30, 2017 | 36.07% | 24.26% |
| Sep 29, 2018 | 55.56% | 38.29% |
Based on: 10-K (filing date: 2005-12-01), 10-K (filing date: 2006-12-29), 10-K (filing date: 2007-11-15), 10-K (filing date: 2008-11-05), 10-K (filing date: 2009-10-27), 10-K (filing date: 2010-10-27), 10-K (filing date: 2011-10-26), 10-K (filing date: 2012-10-31), 10-K (filing date: 2013-10-30), 10-K (filing date: 2014-10-27), 10-K (filing date: 2015-10-28), 10-K (filing date: 2016-10-26), 10-K (filing date: 2017-11-03), 10-K (filing date: 2018-11-05).
Comparison to Technology Industry
Apple Inc., ROE, long-term trends, comparison to Technology industry
| Apple Inc. | Technology | |
|---|---|---|
| Sep 24, 2005 | 17.88% | 20.39% |
| Sep 30, 2006 | 19.92% | 22.82% |
| Sep 29, 2007 | 24.06% | 25.04% |
| Sep 27, 2008 | 22.99% | 26.74% |
| Sep 26, 2009 | 20.49% | 21.09% |
| Sep 25, 2010 | 29.32% | 26.19% |
| Sep 24, 2011 | 33.83% | 27.08% |
| Sep 29, 2012 | 35.30% | 21.54% |
| Sep 28, 2013 | 29.98% | 23.10% |
| Sep 27, 2014 | 35.42% | 22.63% |
| Sep 26, 2015 | 44.74% | 22.61% |
| Sep 24, 2016 | 35.62% | 21.85% |
| Sep 30, 2017 | 36.07% | 20.55% |
| Sep 29, 2018 | 55.56% | 27.11% |
Based on: 10-K (filing date: 2005-12-01), 10-K (filing date: 2006-12-29), 10-K (filing date: 2007-11-15), 10-K (filing date: 2008-11-05), 10-K (filing date: 2009-10-27), 10-K (filing date: 2010-10-27), 10-K (filing date: 2011-10-26), 10-K (filing date: 2012-10-31), 10-K (filing date: 2013-10-30), 10-K (filing date: 2014-10-27), 10-K (filing date: 2015-10-28), 10-K (filing date: 2016-10-26), 10-K (filing date: 2017-11-03), 10-K (filing date: 2018-11-05).