Apple (AAPL) Return on Capital Employed (2009 - 2026)
Apple posted quarterly Return on Capital Employed of 61.26% for Q1 2026, down 470.0% year-on-year from 16.56% in Q1 2025, and down 10.15% on a QoQ basis from 68.18% in Q4 2025.
Apple (AAPL) has 18 years of Return on Capital Employed data on file, last reported 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.
- Across five years, Return on Capital Employed topped out at 74.02% in Q3 2025 and bottomed at 50.07% in Q1 2022.
- The 5-year median for Return on Capital Employed is 59.44% (2024), against an average of 60.04%.
- The widest annual swing landed in 2023, when Return on Capital Employed plunged 510 bps; it then jumped 1410 bps in 2024.
- A 5-year view of Return on Capital Employed shows it stood at 53.64% in 2022, then grew by 1 bps to 54.16% in 2023, then advanced by 10 bps to 59.8% in 2024, then rose by 14 bps to 68.18% in 2025, then retreated 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 | 4,505.01 Bn | 4,436.50 Bn | 54.78 Bn | 61.26% |
| 2 | Sonos | 1.95 Bn | 1.70 Bn | 124.65 Mn | 5.70% |
| 3 | Zepp Health | 1.91 Bn | 1.80 Bn | 34.42 Mn | -0.01% |
| 4 | Vuzix | 331.33 Mn | 310.18 Mn | 375,000.00 | -18.63% |
| 5 | Turtle Beach | 256.59 Mn | 244.27 Mn | 11.29 Mn | -6.30% |
| 6 | Axil Brands | 44.33 Mn | 38.81 Mn | 5.04 Mn | 12.60% |
| 7 | Koss | 39.85 Mn | 21.00 Mn | 1.00 Mn | -6.38% |
| 8 | Foxx Development Holdings | 34.37 Mn | 31.18 Mn | -1.45 Mn | 816.31% |
| 9 | GoPro | 12.18 Mn | -28.54 Mn | 4.31 Mn | -199.51% |
| 10 | Emerson Radio | 8.47 Mn | -4.82 Mn | 206,000.00 | -6.54% |
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% |
| Mar 27, 2021 | 37.16% |
| Dec 26, 2020 | 35.96% |
| Sep 26, 2020 | 30.80% |
| Jun 27, 2020 | 30.03% |
| Mar 28, 2020 | 27.98% |
| Dec 28, 2019 | 27.86% |
| Sep 28, 2019 | 28.46% |
| Jun 29, 2019 | 26.58% |
| Mar 30, 2019 | 24.80% |
| Dec 29, 2018 | 26.00% |
| Sep 29, 2018 | 29.35% |
| Jun 30, 2018 | 25.17% |
| Mar 31, 2018 | 22.18% |
| Dec 30, 2017 | 23.34% |
| Sep 30, 2017 | 23.65% |
| Jul 1, 2017 | 23.20% |
| Apr 1, 2017 | 22.86% |
| Dec 31, 2016 | 24.44% |
| Sep 24, 2016 | 25.58% |
| Jun 25, 2016 | 26.88% |
| Mar 26, 2016 | 28.94% |
| Dec 26, 2015 | 32.98% |
| Sep 26, 2015 | 35.41% |
| Jun 27, 2015 | 33.57% |
| Mar 28, 2015 | 31.54% |
| Dec 27, 2014 | 34.22% |
| Sep 27, 2014 | 32.07% |
| Jun 28, 2014 | 11.86% |
| Mar 29, 2014 | 10.93% |
| Dec 28, 2013 | 10.97% |
| Sep 28, 2013 | 10.99% |
| Jun 29, 2013 | 31.01% |
| Mar 30, 2013 | 32.70% |
| Dec 29, 2012 | 39.59% |
| Sep 29, 2012 | 42.19% |
| Jun 30, 2012 | 25.18% |
| Mar 31, 2012 | 25.71% |
| Dec 31, 2011 | 23.12% |
| Sep 24, 2011 | 14.32% |
| Jun 25, 2011 | 41.27% |
| Mar 26, 2011 | 38.17% |
| Dec 25, 2010 | 37.59% |
| Sep 25, 2010 | 37.34% |
| Jun 26, 2010 | 36.71% |
| Mar 27, 2010 | 34.72% |
| Dec 26, 2009 | 35.53% |
| Sep 26, 2009 | 32.33% |