Apple AAPL
NASDAQ AAPL
$346.16 +4.16 (+1.22%)
As of: Oct 16, 2026 · 11:10 AM EDT

Apple (AAPL) Payout Ratio (2012 - 2017)

Updated

Apple's Payout Ratio was 0.27 in fiscal Q2 2017 (quarter ended Apr 1, 2017), up 15.7% from 0.23 a year earlier but down 0.3% from the prior quarter.

Analysis

Apple (AAPL) Payout Ratio (2012 - 2017) Analysis & Trends

From fiscal Q4 2012 onward, Apple has reported Payout Ratio for 19 quarters.

  • In earlier fiscal years, Payout Ratio was 0.22 in FY2015 (-23.1%), 0.28 in FY2014 (-1.3%), 0.29 in FY2013 (+378.4%) and 0.06 in FY2012.
  • Quarterly Payout Ratio has moved between 0.06 (fiscal Q4 2012) and 0.29 (fiscal Q1 2014) over five years.
  • Compared with a year earlier, Payout Ratio has increased for four straight quarters, with growth averaging 2.1% over the last eight quarters.
  • The best year-over-year quarter for Payout Ratio over five years was fiscal Q4 2013 (growth of 378.4%); the worst was fiscal Q4 2015 (a decline of 23.1%).
  • Per Business Quant data, AAPL's Payout Ratio in the three fiscal quarters before Q2 2017 was 0.27 (Q1 2017), 0.27 (Q4 2016) and 0.25 (Q3 2016).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Apple 5,071.60 Bn 4,819.09 Bn 54.77 Bn
2 Cisco Systems 428.07 Bn 364.00 Bn 11.06 Bn
3 Dell Technologies 296.90 Bn 252.66 Bn 9.83 Bn
4 Arista Networks 228.38 Bn 181.83 Bn 1.91 Bn
5 Sandisk 196.67 Bn 185.20 Bn 7.58 Bn
6 Sony 149.67 Bn 86.93 Bn 6.53 Bn
7 Seagate Technology Holdings 143.27 Bn 138.26 Bn 1.90 Bn
8 Western Digital 117.41 Bn 105.53 Bn 2.03 Bn
9 Hewlett Packard Enterprise 74.87 Bn 52.75 Bn 4.93 Bn
10 Lumentum Holdings 62.69 Bn 54.50 Bn 477.30 Mn
Historic Data

Historic Data

Download Data
DateValue
Apr 1, 2017 0.27
Dec 31, 2016 0.27
Sep 24, 2016 0.27
Jun 25, 2016 0.25
Mar 26, 2016 0.23
Dec 26, 2015 0.22
Sep 26, 2015 0.22
Jun 27, 2015 0.23
Mar 28, 2015 0.24
Dec 27, 2014 0.25
Sep 27, 2014 0.28
Jun 28, 2014 0.29
Mar 29, 2014 0.29
Dec 28, 2013 0.29
Sep 28, 2013 0.29
Jun 29, 2013 0.27
Mar 30, 2013 0.19
Dec 29, 2012 0.12
Sep 29, 2012 0.06
API Access

Apple Payout Ratio 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=payout-ratio&ticker=AAPL&period=max&api_key=YOUR_API_KEY