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Apple (AAPL) Invested Capital (2016 - 2025)

Apple (AAPL) has disclosed Invested Capital for 17 consecutive years, with $176.7 billion as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Invested Capital rose 9.37% year-over-year to $176.7 billion, compared with a TTM value of $176.7 billion through Dec 2025, up 9.37%, and an annual FY2025 reading of $164.4 billion, up 7.04% over the prior year.
  • Invested Capital was $176.7 billion for Q4 2025 at Apple, up from $164.4 billion in the prior quarter.
  • Across five years, Invested Capital topped out at $189.7 billion in Q4 2021 and bottomed at $72.3 billion in Q2 2021.
  • Average Invested Capital over 5 years is $159.6 billion, with a median of $165.9 billion recorded in 2022.
  • Peak annual rise in Invested Capital hit 156.44% in 2021, while the deepest fall reached 13.1% in 2021.
  • Year by year, Invested Capital stood at $189.7 billion in 2021, then decreased by 12.44% to $166.1 billion in 2022, then rose by 8.41% to $180.1 billion in 2023, then fell by 10.3% to $161.6 billion in 2024, then grew by 9.37% to $176.7 billion in 2025.
  • Business Quant data shows Invested Capital for AAPL at $176.7 billion in Q4 2025, $164.4 billion in Q3 2025, and $157.6 billion in Q2 2025.