Apple (AAPL) Return on Capital Employed (2009 - 2026)
Apple (AAPL) posted quarterly Return on Capital Employed of 67.97% for Q2 2026, down 48.0% year-over-year from 130.7% in Q2 2025, and up 10.94% on a QoQ basis from 61.26% in Q1 2026.
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 67.97% in Q2 2026.
- Return on Capital Employed for Q2 2026 came in at 67.97%, down 48.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 67.97% (down 48.0% YoY), and the FY2025 annual result was 67.72%, up 16.0% from the prior year.
- Return on Capital Employed rose to 67.97% in Q2 2026, from 61.26% 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.
- A 5-year average of 60.48% and a median of 59.62% in 2024 frame the typical range for Return on Capital Employed.
- The widest annual swing landed in 2023, when Return on Capital Employed sank 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 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 retreated by 0 bps to 67.97% in 2026.
- Per Business Quant data, the three most recent Return on Capital Employed figures were 67.97% in Q2 2026, 61.26% in Q1 2026, and 68.18% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,545.89 Bn | 4,483.49 Bn | 54.77 Bn | 67.97% |
| 2 | Sony | 141.43 Bn | 119.23 Bn | 6.53 Bn | -65.50% |
| 3 | LG Display | 3.38 Bn | 2.30 Bn | 509.35 Mn | 4,913,076.06% |
| 4 | Sonos | 1.82 Bn | 1.56 Bn | 189.31 Mn | 13.35% |
| 5 | Turtle Beach | 247.06 Mn | 227.50 Mn | 21.86 Mn | 5.75% |
| 6 | Vuzix | 229.43 Mn | 212.13 Mn | -645,411.00 | -93.17% |
| 7 | GoPro | 96.41 Mn | 69.14 Mn | 31.66 Mn | 802.86% |
| 8 | Zepp Health | 81.89 Mn | -103.07 Bn | 19.44 Mn | 0.00% |
| 9 | Trutankless | 70.52 Mn | 70.50 Mn | 444,751.00 | 59.96% |
| 10 | Universal Electronics | 56.13 Mn | 23.73 Mn | 25.91 Mn | -1.90% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 27, 2026 | 67.97% |
| 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% |