Apple (AAPL) Return on Assets [ROA] (2009 - 2026)
Apple's Return on Assets [ROA] was 33.55% in fiscal Q4 2026 (quarter ended Sep 26, 2026), up 1.12 percentage points from 32.43% a year earlier but down 0.63 percentage points from the prior quarter.
Apple (AAPL) Return on Assets [ROA] (2009 - 2026) Analysis & Trends
For FY2026 (ended Sep 26, 2026), Return on Assets [ROA] at Apple came in at 34.61%, up 3.68 percentage points from FY2025.
- Return on Assets [ROA] shows a five-year change of +6.55 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Return on Assets [ROA] was 30.93% in FY2025 (+4.81 pp), 26.13% in FY2024 (-1.38 pp), 27.50% in FY2023 (-0.86 pp) and 28.36% in FY2022 (+0.31 pp).
- Quarterly Return on Assets [ROA] has moved between 26.91% (fiscal Q4 2024) and 34.18% (fiscal Q3 2026) over five years.
- Compared with a year earlier, Return on Assets [ROA] has increased for five straight quarters, with an average year-over-year change of +2.16 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Assets [ROA] over five years was fiscal Q1 2022 (a gain of 8.61 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 Q4 2026 was 34.18% (Q3 2026), 32.67% (Q2 2026) and 31.89% (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,020.54 Bn | 4,766.00 Bn | 54.82 Bn | 33.55% |
| 2 | Cisco Systems | 371.11 Bn | 307.04 Bn | 11.06 Bn | 10.40% |
| 3 | Arista Networks | 215.34 Bn | 164.54 Bn | 2.33 Bn | 19.40% |
| 4 | Dell Technologies | 212.13 Bn | 167.88 Bn | 9.83 Bn | 9.39% |
| 5 | Sony | 161.14 Bn | 95.68 Bn | 7.96 Bn | -4.53% |
| 6 | Sandisk | 122.92 Bn | 107.75 Bn | 9.38 Bn | 80.42% |
| 7 | Seagate Technology Holdings | 105.29 Bn | 100.14 Bn | 2.43 Bn | 43.31% |
| 8 | Western Digital | 96.46 Bn | 86.29 Bn | 2.53 Bn | 71.32% |
| 9 | Hewlett Packard Enterprise | 59.75 Bn | 37.63 Bn | 4.93 Bn | 3.42% |
| 10 | Garmin | 55.13 Bn | 44.69 Bn | 1.26 Bn | 17.23% |
Historic Data
| Date | Value |
|---|---|
| Sep 26, 2026 | 33.55% |
| 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% |
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();