Apple (AAPL) Interest Expenses (2013 - 2016)
Apple's Interest Expenses came in at $321 million for fiscal Q2 2016 (quarter ended Mar 26, 2016), up 96.9% from $163 million a year earlier and up 16.3% from the prior quarter.
Apple (AAPL) Interest Expenses (2013 - 2016) Analysis & Trends
Over the trailing twelve months to Mar 26, 2016, Apple reported Interest Expenses of $1.04 billion, up 103.5% year-over-year; for FY2015 (ended Sep 26, 2015), it was $733 million, up 90.9% from FY2014.
- Going back by fiscal year, Interest Expenses was $384 million in FY2014 (+182.4%) and $136 million in FY2013.
- The fiscal Q2 2016 figure represents the highest quarterly Interest Expenses in data going back to fiscal Q3 2013.
- Year-over-year, Interest Expenses has increased for eight consecutive quarters, with growth averaging 86.3% over the last eight quarters.
- Over the past five years, the year-over-year growth in Interest Expenses ranged from 38.6% (fiscal Q4 2014) to 110.7% (fiscal Q1 2016).
- Business Quant data shows AAPL's Interest Expenses at $276 million (Q1 2016), $238 million (Q4 2015) and $201 million (Q3 2015) in the three fiscal quarters before Q2 2016.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,070.77 Bn | 4,818.26 Bn | 54.77 Bn | - |
| 2 | Cisco Systems | 439.51 Bn | 375.43 Bn | 11.06 Bn | 373.00 Mn |
| 3 | Dell Technologies | 321.00 Bn | 276.76 Bn | 9.83 Bn | - |
| 4 | Arista Networks | 235.92 Bn | 189.37 Bn | 1.91 Bn | - |
| 5 | Sandisk | 190.51 Bn | 179.03 Bn | 7.58 Bn | 2.00 Mn |
| 6 | Sony | 157.68 Bn | 97.45 Bn | 6.53 Bn | 147.26 Mn |
| 7 | Seagate Technology Holdings | 151.46 Bn | 151.46 Bn | - | - |
| 8 | Western Digital | 142.57 Bn | 132.40 Bn | 2.53 Bn | 11.00 Mn |
| 9 | Hewlett Packard Enterprise | 80.80 Bn | 58.68 Bn | 4.93 Bn | - |
| 10 | Lumentum Holdings | 76.74 Bn | 68.56 Bn | 477.30 Mn | 3.60 Mn |
Historic Data
| Date | Value |
|---|---|
| Mar 26, 2016 | 321.00 Mn |
| Dec 26, 2015 | 276.00 Mn |
| Sep 26, 2015 | 238.00 Mn |
| Jun 27, 2015 | 201.00 Mn |
| Mar 28, 2015 | 163.00 Mn |
| Dec 27, 2014 | 131.00 Mn |
| Sep 27, 2014 | 115.00 Mn |
| Jun 28, 2014 | 100.00 Mn |
| Mar 29, 2014 | 85.00 Mn |
| Dec 28, 2013 | 84.00 Mn |
| Sep 28, 2013 | 83.00 Mn |
| Jun 29, 2013 | 53.00 Mn |
Apple Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=AAPL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "AAPL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=AAPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();