Apple Past Earnings Performance

Past criteria checks 3/6

Apple has been growing earnings at an average annual rate of 13.9%, while the Tech industry saw earnings growing at 8.2% annually. Revenues have been growing at an average rate of 9.8% per year. Apple's return on equity is 135.3%, and it has net margins of 26.3%.

Key information

13.9%

Earnings growth rate

17.3%

EPS growth rate

Tech Industry Growth11.8%
Revenue growth rate9.8%
Return on equity135.3%
Net Margin26.3%
Last Earnings Update30 Mar 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Apple makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

BRSE:000908440 Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Mar 24381,623100,38925,37830,348
30 Dec 23385,706100,91325,11129,902
30 Sep 23383,28596,99524,93229,915
01 Jul 23383,93394,76025,22129,369
01 Apr 23385,09594,32125,26028,724
31 Dec 22387,53795,17125,25227,654
24 Sep 22394,32899,80325,09426,251
25 Jun 22387,54299,63324,27025,262
26 Mar 22386,017101,93523,67024,182
25 Dec 21378,323100,55522,79123,057
25 Sep 21365,81794,68021,97321,914
26 Jun 21347,15586,80221,29321,120
27 Mar 21325,40676,31120,71220,161
26 Dec 20294,13563,93020,35019,464
26 Sep 20274,51557,41119,91618,752
27 Jun 20273,85758,42419,55817,884
28 Mar 20267,98157,21519,15317,383
28 Dec 19267,68357,52718,65916,766
28 Sep 19260,17455,25618,24516,217
29 Jun 19259,03455,69517,88315,857
30 Mar 19258,49057,17017,56515,301
29 Dec 18261,61259,43117,25714,731
29 Sep 18265,59559,53116,70514,236
30 Jun 18255,27456,12016,30313,483
31 Mar 18247,41753,31815,97812,719
30 Dec 17239,17650,52515,54612,117
30 Sep 17229,23448,35115,26111,581
01 Jul 17223,50746,65114,92911,154
01 Apr 17220,45745,73014,58710,777
31 Dec 16218,11845,21714,29210,512
24 Sep 16215,63945,68714,19410,045
25 Jun 16220,28847,79714,4179,695
26 Mar 16227,53550,67814,5409,169
26 Dec 15234,98853,73114,5778,576
26 Sep 15233,71553,39414,3298,067
27 Jun 15224,33750,73713,7827,533
28 Mar 15212,16447,80813,0687,102
27 Dec 14199,80044,46212,5406,606
27 Sep 14182,79539,51011,9936,041
28 Jun 14178,14438,55511,5085,523
29 Mar 14176,03537,70711,3035,098
28 Dec 13173,99237,03111,0434,795
28 Sep 13170,91037,03710,8304,475
29 Jun 13169,40437,74810,7084,213

Quality Earnings: 000908440 has high quality earnings.

Growing Profit Margin: 000908440's current net profit margins (26.3%) are higher than last year (24.5%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 000908440's earnings have grown by 13.9% per year over the past 5 years.

Accelerating Growth: 000908440's earnings growth over the past year (6.4%) is below its 5-year average (13.9% per year).

Earnings vs Industry: 000908440 earnings growth over the past year (6.4%) did not outperform the Tech industry 56.5%.


Return on Equity

High ROE: Whilst 000908440's Return on Equity (135.31%) is outstanding, this metric is skewed due to their high level of debt.


Return on Assets


Return on Capital Employed


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