Apple (AAPL) Return on Assets [ROA] (2009 - 2026)
Apple's Return on Assets [ROA] was 34.18% in fiscal Q3 2026 (quarter ended Jun 27, 2026), up 4.22 percentage points from 29.96% a year earlier and up 1.51 percentage points from the prior quarter.
Apple (AAPL) Return on Assets [ROA] (2009 - 2026) Analysis & Trends
For FY2025 (ended Sep 27, 2025), Return on Assets [ROA] at Apple came in at 30.93%, up 4.81 percentage points from FY2024.
- Return on Assets [ROA] shows a five-year change of +13.60 percentage points (FY2020 to FY2025).
- In earlier fiscal years, Return on Assets [ROA] was 26.13% in FY2024 (-1.38 pp), 27.50% in FY2023 (-0.86 pp), 28.36% in FY2022 (+0.31 pp) and 28.06% in FY2021 (+10.72 pp).
- The fiscal Q3 2026 figure marks the highest quarterly Return on Assets [ROA] in data going back to fiscal Q4 2009.
- Compared with a year earlier, Return on Assets [ROA] has increased for four straight quarters, with an average year-over-year change of +1.86 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Assets [ROA] over five years was fiscal Q4 2021 (a gain of 9.91 percentage points); the worst was fiscal Q1 2025 (a drop of 1.46 percentage points).
- Per Business Quant data, AAPL's Return on Assets [ROA] in the three fiscal quarters before Q3 2026 was 32.67% (Q2 2026), 31.89% (Q1 2026) and 32.43% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,863.18 Bn | 4,610.67 Bn | 54.77 Bn | 34.18% |
| 2 | Cisco Systems | 445.19 Bn | 381.12 Bn | 11.06 Bn | 10.40% |
| 3 | Dell Technologies | 353.32 Bn | 309.07 Bn | 9.83 Bn | 9.39% |
| 4 | Arista Networks | 261.04 Bn | 214.50 Bn | 1.91 Bn | 17.83% |
| 5 | Sandisk | 248.81 Bn | 237.33 Bn | 7.58 Bn | 57.77% |
| 6 | Seagate Technology Holdings | 201.18 Bn | 196.18 Bn | 1.90 Bn | 33.76% |
| 7 | Western Digital | 159.43 Bn | 147.56 Bn | 2.03 Bn | 65.20% |
| 8 | Sony | 144.77 Bn | 95.16 Bn | 6.53 Bn | -1.51% |
| 9 | Lumentum Holdings | 96.72 Bn | 88.53 Bn | 477.30 Mn | -96.75% |
| 10 | Hewlett Packard Enterprise | 90.82 Bn | 68.69 Bn | 4.93 Bn | 3.42% |
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 34.18% |
| Mar 28, 2026 | 32.67% |
| Dec 27, 2025 | 31.89% |
| Sep 27, 2025 | 32.43% |
| Jun 28, 2025 | 29.96% |
| Mar 29, 2025 | 28.81% |
| Dec 28, 2024 | 27.12% |
| Sep 28, 2024 | 26.91% |
| Jun 29, 2024 | 30.48% |
| Mar 30, 2024 | 29.06% |
| Dec 30, 2023 | 28.58% |
| Sep 30, 2023 | 28.21% |
| Jul 1, 2023 | 28.41% |
| Apr 1, 2023 | 27.79% |
| Dec 31, 2022 | 27.21% |
| Sep 24, 2022 | 28.97% |
| Jun 25, 2022 | 29.01% |
| Mar 26, 2022 | 27.86% |
| Dec 25, 2021 | 27.47% |
| Sep 25, 2021 | 27.81% |
Apple Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=AAPL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=AAPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();