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Apple Inc  (NAS:AAPL) Net Margin %: 22.46% (As of Sep. 2018)

Net margin is calculated as Net Income divided by its Revenue. Apple Inc's Net Income for the three months ended in Sep. 2018 was $14,125 Mil. Apple Inc's Revenue for the three months ended in Sep. 2018 was $62,900 Mil. Therefore, Apple Inc's net margin for the quarter that ended in Sep. 2018 was 22.46%.

NAS:AAPL' s Net Margin % Range Over the Past 10 Years
Min: 19.19   Max: 26.67
Current: 22.41

19.19
26.67

NAS:AAPL's Net Margin % is ranked higher than
96% of the 2203 Companies
in the Global industry.

( Industry Median: 3.56 vs. NAS:AAPL: 22.41 )

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Apple Inc Annual Data

Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
Net Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.61 22.85 21.19 21.09 22.41

Apple Inc Quarterly Data

Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
Net Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.38 22.73 22.61 21.63 22.46

Competitive Comparison
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.


Apple Inc Distribution

* The bar in red indicates where Apple Inc's Net Margin % falls into.



Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Apple Inc's Net Margin for the fiscal year that ended in Sep. 2018 is calculated as

Net Margin=Net Income (A: Sep. 2018 )/Revenue (A: Sep. 2018 )
=59531/265595
=22.41 %

Apple Inc's Net Margin for the quarter that ended in Sep. 2018 is calculated as

Net Margin=Net Income (Q: Sep. 2018 )/Revenue (Q: Sep. 2018 )
=14125/62900
=22.46 %

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Related Terms


Headlines

From GuruFocus

From the Internet

The Market Is 'Full Blown Bear,' Says Jim Cramer

- theStreet 2018-11-19 11:38:00

$BRK.A $BRK.B $AAPL Recent Purchase Apple

- Seekingalpha 2018-11-18 15:33:17

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