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
DateValue
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%