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Apple (NAS:AAPL) 10-Year ROIIC %

: 33.47% (As of Sep. 2022)
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10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year. Apple's 10-Year ROIIC % for the quarter that ended in Sep. 2022 was 33.47%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Apple's 10-Year ROIIC % or its related term are showing as below:

AAPL's 10-Year ROIIC % is ranked better than
83.97% of 2364 companies
in the Hardware industry
Industry Median: 6.15 vs AAPL: 33.47

Apple (NAS:AAPL) 10-Year ROIIC % Competitive Comparison

For the Consumer Electronics subindustry, Apple's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % data, can be viewed below:

* 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. Note that "N/A" values will not show up in the chart.

   

Apple (NAS:AAPL) 10-Year ROIIC % Distribution

For the Hardware industry and Technology sector, Apple's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Apple's 10-Year ROIIC % falls into.



Apple 10-Year ROIIC % Calculation

Apple's 10-Year ROIIC % for the quarter that ended in is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)/10-Year Incremental Invested Capital
=( 100088.206 (Sep. 2022) - 41342.3644 (Sep. 2012) )/( 307217 (Sep. 2022) - 131695 (Sep. 2012) )
=58745.8416/175522
=33.47 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.


Apple  (NAS:AAPL) 10-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Apple 10-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Apple's 10-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Apple (NAS:AAPL) Business Description

Apple logo
Address
One Apple Park Way, Cupertino, CA, USA, 95014
Apple designs a wide variety of consumer electronic devices, including smartphones (iPhone), tablets (iPad), PCs (Mac), smartwatches (Apple Watch), AirPods, and TV boxes (Apple TV), among others. The iPhone makes up the majority of Apple's total revenue. In addition, Apple offers its customers a variety of services such as Apple Music, iCloud, Apple Care, Apple TV+, Apple Arcade, Apple Card, and Apple Pay, among others. Apple's products run internally developed software and semiconductors, and the firm is well known for its integration of hardware, software and services. Apple's products are distributed online as well as through company-owned stores and third-party retailers. The company generates roughly 40% of its revenue from the Americas, with the remainder earned internationally.
Executives
Gorsky Alex director JOHNSON & JOHNSON ONE JOHNSON & JOHNSON PLAZA NEW BRUNSWICK NJ 08933
Lozano Monica C director
O'brien Deirdre officer: Senior Vice President ONE APPLE PARK WAY CUPERTINO CA 95014
Iger Robert A director C/O WALT DISNEY CO 500 S BUENA VISTA STREET BURBANK CA 91521-1062
Jung Andrea director C/O APPLE INC ONE APPLE PARK WAY CUPERTINO CA 95014
Wagner Susan director C/O BLACKROCK, INC. 40 EAST 52ND STREET NEW YORK NY 10022
Bell James A director C/O THE DOW CHEMICAL COMPANY 2211 H.H. DOW WAY MIDLAND MI 48674
Gore Albert Jr director C/O APPLE INC 1 INFINITE LOOP CUPERTINO CA 95014
Sugar Ronald D director 10877 WILSHIRE BLVD. SUITE 1650 LOS ANGELES CA 900274
Adams Katherine L. officer: SVP, General Counsel APPLE INC. 1 INFINITE LOOP CUPERTINO CA 95014
Maestri Luca officer: Senior Vice President, CFO 1 INFINITE LOOP CUPERTINO CA 95014
Ahrendts Angela J officer: Senior Vice President 1 INFINITE LOOP CUPERTINO CA 95014
Williams Jeffrey E officer: COO ONE INFINITE LOOP CUPERTINO CA 95014
Schiller Philip W officer: Senior Vice President C/O APPLE INC ONE INFINITE LOOP CUPERTINO CA 95014
Cue Eduardo H officer: Senior Vice President 1 INFINITE LOOP CUPERTINO CA 95014

Apple (NAS:AAPL) Headlines

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