Apple Inc. (AAPL) Return on equity 2016–2025
Apple Inc. (AAPL) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
151.9%FY2025 · since FY2016: 35.6% → 151.9%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 151.9% | -12.7 pp |
| FY2024 | 164.6% | +8.5 pp |
| FY2023 | 156.1% | -40.9 pp |
| FY2022 | 197.0% | +46.9 pp |
| FY2021 | 150.1% | +62.2 pp |
| FY2020 | 87.9% | +26.8 pp |
| FY2019 | 61.1% | +5.5 pp |
| FY2018 | 55.6% | +19.5 pp |
| FY2017 | 36.1% | +0.4 pp |
| FY2016 | 35.6% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice
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