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Apple (MEX:AAPL) Tax Rate % : 50.23% (As of Sep. 2024)


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What is Apple Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Apple's Tax Expense for the three months ended in Sep. 2024 was MXN292,874 Mil. Apple's Pre-Tax Income for the three months ended in Sep. 2024 was MXN583,030 Mil. Therefore, Apple's Tax Rate % for the quarter that ended in Sep. 2024 was 50.23%.

Apple Tax Rate % Historical Data

The historical data trend for Apple's Tax Rate % can be seen below:

* 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.

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Apple Tax Rate % Chart

Apple Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.43 13.30 16.20 14.72 24.09

Apple Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Tax Rate % Get a 7-Day Free Trial 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 14.97 15.89 15.76 15.87 50.23

Apple Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Apple's Tax Rate % for the fiscal year that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (A: Sep. 2024 )/Pre-Tax Income (A: Sep. 2024 )
=585766.735/2431456.697
=24.09 %

Apple's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=292873.522/583029.783
=50.23 %

* 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.

Apple Tax Rate % Related Terms

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Apple Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Apple Inc (MEX:AAPL) » Definitions » Tax Rate %
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Traded in Other Exchanges
AAPL:USA AAPL:Peru AAPL_KZ:Kazakhstan 1AAPL:Italy APCd:UK APC8:Germany APC:Germany APC:Germany APC:Germany APC:Germany AAPL:Chile AAPL:Canada AAPL34:Brazil APC:Bulgaria AAPL:Austria AAPL:Argentina
Address
One Apple Park Way, Cupertino, CA, USA, 95014
Website
https://www.apple.com
Apple is among the largest companies in the world, with a broad portfolio of hardware and software products targeted at consumers and businesses. Apple's iPhone makes up a majority of the firm sales, and Apple's other products like Mac, iPad, and Watch are designed around the iPhone as the focal point of an expansive software ecosystem. Apple has progressively worked to add new applications, like streaming video, subscription bundles, and augmented reality. The firm designs its own software and semiconductors while working with subcontractors like Foxconn and TSMC to build its products and chips. Slightly less than half of Apple's sales come directly through its flagship stores, with a majority of sales coming indirectly through partnerships and distribution.