Apple (AAPL) Return on Capital Employed (2009 - 2026)

Apple (AAPL) posted Return on Capital Employed of 61.26% for Q1 2026, down 10.15% quarter-over-quarter from 68.18% in Q4 2025, and down 470.0% year-on-year from 16.56% in Q1 2025.

Apple (AAPL) Return on Capital Employed (2009 - 2026) Analysis & Trends

Apple (AAPL) has reported Return on Capital Employed for 18 consecutive years, with 61.26% the latest figure, recorded in Q1 2026.

  • Return on Capital Employed for Q1 2026 came in at 61.26%, down 470.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 61.26% (down 470.0% YoY), and the FY2025 annual result was 67.72%, up 16.0% from the prior year.
  • Return on Capital Employed was 61.26% for Q1 2026 at Apple, down from 68.18% in the prior quarter.
  • Over five years, Return on Capital Employed peaked at 74.02% in Q3 2025 and troughed at 50.07% in Q1 2022.
  • Average Return on Capital Employed over 5 years is 60.04%, with a median of 59.44% recorded in 2024.
  • Year-over-year, Return on Capital Employed plunged 510 bps in 2023 and soared 1410 bps in 2024.
  • Over 5 years, Return on Capital Employed stood at 53.64% in 2022, then rose by 1 bps to 54.16% in 2023, then grew by 10 bps to 59.8% in 2024, then advanced by 14 bps to 68.18% in 2025, then slipped by 10 bps to 61.26% in 2026.
  • Per Business Quant data, the three most recent Return on Capital Employed figures were 61.26% in Q1 2026, 68.18% in Q4 2025, and 74.02% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Apple 4,319.52 Bn 4,251.01 Bn 54.78 Bn 61.26%
2 Sonos 1.61 Bn 1.36 Bn 124.65 Mn 5.70%
3 Zepp Health 1.32 Bn -101.84 Bn 19.44 Mn 0.00%
4 Vuzix 214.94 Mn 193.79 Mn 375,000.00 -18.63%
5 UTime 79.34 Mn 37.42 Mn - -
6 Universal Electronics 59.18 Mn 29.36 Mn 20.60 Mn -4.14%
7 Axil Brands 44.10 Mn 38.58 Mn 5.04 Mn 12.60%
8 Foxx Development Holdings 23.69 Mn 20.50 Mn -1.45 Mn 816.31%
9 Fenbo Holdings 10.51 Mn 7.81 Mn - -
10 Emerson Radio 7.58 Mn -4.72 Mn -122,000.00 -4.97%

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%