Apple (AAPL) Return on Capital Employed (2009 - 2026)
Apple (AAPL) reported Return on Capital Employed of 61.26% for Q1 2026, down 470.0% on a YoY basis from 16.56% in Q1 2025, and down 10.15% quarter-over-quarter from 68.18% in Q4 2025.
Apple (AAPL) Return on Capital Employed (2009 - 2026) Analysis & Trends
Apple has reported Return on Capital Employed for 18 years, with the latest figure at 61.26% in Q1 2026.
- For the quarter ending Q1 2026, Return on Capital Employed fell 470.0% year-over-year to 61.26%; the trailing twelve-month figure through Mar 2026 stood at 61.26% (down 470.0% YoY), and the FY2025 full-year result was 67.72%, up 16.0% from the prior year.
- Return on Capital Employed for Q1 2026 stood at 61.26%, down from 68.18% in the prior quarter.
- The five-year high for Return on Capital Employed was 74.02% in Q3 2025, with the low at 50.07% in Q1 2022.
- Historically, Return on Capital Employed has averaged 60.04% across 5 years, with a median of 59.44% in 2024.
- Annual changes were most pronounced in 2023 — Return on Capital Employed slumped 510 bps — and 2024, when it jumped 1410 bps.
- Apple's Return on Capital Employed stood at 53.64% in 2022, then climbed by 1 bps to 54.16% in 2023, then gained by 10 bps to 59.8% in 2024, then increased by 14 bps to 68.18% in 2025, then fell by 10 bps to 61.26% in 2026.
- The last three Return on Capital Employed figures came in at 61.26% (Q1 2026), 68.18% (Q4 2025), and 74.02% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,366.25 Bn | 4,297.75 Bn | 54.78 Bn | 61.26% |
| 2 | Sonos | 1.75 Bn | 1.50 Bn | 124.65 Mn | 5.70% |
| 3 | Zepp Health | 1.27 Bn | 1.16 Bn | 34.42 Mn | -0.01% |
| 4 | Turtle Beach | 267.51 Mn | 255.19 Mn | 11.29 Mn | -6.30% |
| 5 | Vuzix | 257.23 Mn | 236.08 Mn | 375,000.00 | -18.63% |
| 6 | Sony | 114.28 Mn | -18.94 Bn | 5.96 Bn | 13.88% |
| 7 | UTime | 53.53 Mn | 52.80 Mn | - | - |
| 8 | Axil Brands | 40.77 Mn | 35.25 Mn | 5.04 Mn | 12.60% |
| 9 | Koss | 37.77 Mn | 18.91 Mn | 1.00 Mn | -6.38% |
| 10 | Foxx Development Holdings | 20.59 Mn | 17.40 Mn | -1.45 Mn | 816.31% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | 61.26% |
| Dec 27, 2025 | 68.18% |
| Sep 27, 2025 | 74.02% |
| Jun 28, 2025 | 68.45% |
| Mar 29, 2025 | 65.96% |
| Dec 28, 2024 | 59.80% |
| Sep 28, 2024 | 71.68% |
| Jun 29, 2024 | 59.44% |
| Mar 30, 2024 | 53.35% |
| Dec 30, 2023 | 54.16% |
| Sep 30, 2023 | 57.58% |
| Jul 1, 2023 | 53.79% |
| Apr 1, 2023 | 51.19% |
| Dec 31, 2022 | 53.64% |
| Sep 24, 2022 | 62.68% |
| Jun 25, 2022 | 55.39% |
| Mar 26, 2022 | 50.07% |
| Dec 25, 2021 | 53.50% |
| Sep 25, 2021 | 50.69% |
| Jun 26, 2021 | 44.27% |