Auditor's conclusion We have conducted a comparative analysis of the balance sheet and the income statement of Apple Inc. (hereafter - the "Company") for the year 2021 submitted to the U.S. Securities and Exchange Commission (SEC). Read full definition. Net . For Apple, there's also a basic, stand-alone stock market metric that shows a big bullish change in the way Wall Street and investors viewed the technology company in 2020. Glossary. ROE is a gauge of a corporation's profitability and how efficiently it generates those profits. To determine JKL's return on equity, you would divide $35.5 million by $578 million, which would give you 0.0614. This metric is important because it gives an idea of how efficiently a business is being run. Earnings and profits can vary across sectors, sometimes wildly and are sometimes difficult to compare.
Say you have $100,000 in Total Assets, and $1,000,000 in Net Sales, your Assets to Sales would be 100,000 / 1,000,000 or 1 : 10 or 1/10 = .10 or 10%. In other words, ROE indicates a company's ability to turn equity capital into net profit. Apple was founded in 1971 by Steve Jobs and has since grown into. ROE = $21,906,000 (net income) $209,154,000 (avg. It is hard to argue that Apple Hospitality REIT's ROE is much good in and of itself. ROE can vary for different sectors and industries depending on the financial statement structures. Industry Computers, Phones & Household Electronics. One of the most successful stocks over the past year, 10 years . Apple's latest twelve months gross profit margin is 43.3%.
The company's ROE is, however, significantly higher than the ROE . Return on Equity (ROE) is the measure of a company's annual return ( net income) divided by the value of its total shareholders' equity, expressed as a percentage (e.g., 12%). The headset has a release date of January 2023, according to Ming-Chi Kuo, an Apple analyst with a strong track record of leaks from within Apple's supply chain. Apple's three-year. The average ROE of 48 Computers/Peripherals companies is 39.99 %. After Tesla and Google, Apple appears to be readying for a plunge into the industry long rooted far away in the steel belt of the US upper Midwest. Let's compare the ROE of this company to its industry. For the quarter, Apple posted revenue of $83.4 billion and net quarterly profit of $20.6 billion, or $1.24 per diluted share, compared to revenue of $64.7 billion and net quarterly profit of $12.7 . Return on Equity % 48.72. Use the "Report Item Selection" to select data items: pick the Ratios you wish to compare (one ratio at a time), using the ">" Report Item button.
In both cases, the ratios are above industry averages, but what makes them more meaningful is that Apple's capital structure uses very little debt. Apple's operated at median gross profit margin of 38.3% from fiscal years ending September 2017 to 2021. . How does Apple's Return on Common Equity benchmark against competitors? Competitors In smart phones industry 13. NasdaqGS:AAPL Past Revenue and Net Income, January 19th 2020 That's clearly a positive. Shares Outstanding. Apple Hospitality REIT's Earnings Growth And 0.6% ROE As you can see, Apple Hospitality REIT's ROE looks pretty weak. Phone 1 408 996-1010. Industry Comparison. . (ROE) is a massive 147.44%. That means five years later, the company is. Multiply by 100, and make it a percentage you get 6.14%. ROE ROA ROI Return On Tangible Equity Current and historical return on assets (ROA) values for Apple (AAPL) over the last 10 years. Other Key Metrics . . Apple Inc. Previous tech surveys: The first one, in 2017. The second one, in 2020. Higher ROE along with higher ROA and manageable debt is producing decent profits.
Be sure to also . Currently, our Apple financial analysis has found that the company has a market capitalization of approximately $2.6T. . The revenue growth was below Apple Inc 's competitors average revenue growth of 15.58 %, recorded in the same quarter. Apple Inc.'s return on equity, or ROE, is 152.88% compared to the ROE of the Computer - Mini computers industry of 19.32%. This is a clear sign of strength within the company. Within Technology sector 6 other companies have achieved higher return on investment. Calculation: Net income after tax / Shareholder's equity. Using Mergent Online, you may also generate a multiple company comparison report: click on the Report Builder tab, then Comparison Reports, then Compare Company Against Industry.
YAKIMA Washington apple industry officials have said the fruit's exports have dropped substantially compared to recent years' figures. Apple Inc. Apple Inc achieved return on average invested assets of 45.09 % in II. Apple has established itself over the years as a market leader in the. Other industry players pale in comparison to Apple. "For a long time, investors bought Apple at 12x P/E and sold it 16x, and that was it . Loading. Comparison - ROE focuses on return money to shareholders and is best used to compare to other companies. Apple's return on common equity hit its five-year low in September 2017 of 36.9%.
Industry Computers/Consumer Electronics. Barclays' consumer, cards and payments business has generated an average return on equity of 16% since 2014, after stripping out intangible assets.
As of Jul 5 2022. Apple Inc. One Apple Park Way Cupertino, California 95014-2083 Phone 1 408 996-1010 Industry Computers/Consumer Electronics Sector Technology Fiscal Year-end 09/2022 Revenue $365.82B Net Income.
Amazon is finishing the year with a P/E of 81.8, Facebook 's is 32.8, Microsoft 's is 29.7, and Google . Apple Inc. Apple Inc. (NASDAQ:AAPL) $19.99 Analysis of Profitability Ratios Annual Data Quarterly Data Profitability ratios measure the company ability to generate profitable sales from its resources (assets). (Microsoft's ROE of 47.08% is nothing to sniff at too; an ROE above 15% is considered good . Return on Equity (ROE) Definition. Just ask Warren Buffett. The company's current return on equity is 44% compared to the 49% average return on equity of the computer peripherals industry. Return on Equity % 149.27. 0.00%. Considering the whole Wisconsin-Minnesota apple industry - wholesale and retail - amounts to about 1.5 million bushels, Wescott is a big player in the region. The higher the ROE, the better a company is at converting its equity financing into profits. 7.
You will arrive at a . The iPhone giant has more in common with the fizzy beverage than you might think.
If a company brings in $200,000 in revenue for example and has $1M in equity, the return on equity would be 20%. Number of U.S. listed companies included in the calculation: 4661 (year 2021) Book Value/Share. You may also hear ROE referred to as "return on net assets.". Values delayed up to 15 minutes. For example, an Assets to Sales Ratio = Total Assets / Net Sales. To calculate ROE, average shareholders' equity for 2019 and 2018 ($25.268bn + $6.814bn 2 = $16.041 bn), and divide net income for 2019 ($3.822 billion) by that average. According to estimates . Please make sure you validate all of Apple Inc prevailing fundamentals over time between 2010 and 2022 to make sure the company is sustainable down the road. Mighty Apple dipped a smidge in 2019, both in terms of sales, down 2% to $260 billion, and in its ranking, from No. Comparing the results to its competitors, Apple Inc reported Total Revenue increase in the 1 quarter 2022 by 8.59 % year on year. Therefore, Apple, Inc.'s 5-year average of 45.06% and current ROE of 55 . Samsung posts slightly more modest numbers, at an ROA of 15.4% and a ROE of 20%. Compared with the other megacap tech stocks, Apple's P/E ratio still ranks among the lowest. In other words, Financial Ratios compare relationships . Therefore, it might not be wrong to say that the five year net income decline of 44% seen by Apple Hospitality REIT was possibly a result of it having a lower ROE. Calculated by dividing a company's operating earnings by its total assets.
An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's. This means that for . Real estate: 0.2%. Despite detoriation in net income, company improved ROI compare to previous quarter. For the quarter, Apple posted revenue of $97.3 billion and net quarterly profit of $25.0 billion, or $1.52 per diluted share, compared to revenue of $89.6 billion and net quarterly profit of $23.6 . Current Price. From its humble start in a California garage in 1976 to its $3 . Its gross margin of March 2016 was 39.8% which was fall between the below five year high of 43.9% and above the five year low of 37.6%. and industry defining technology. This is disadvantageous for Samsung, which lags behind Apple in the premium phone market," Kim added. 21.77. Return on Equity is a profitability metric used to compare the profits earned by a business to the value of its shareholders' equity. 6. Return on Capital Employed Comparisons. Return on Equity measures Net Income / Average Shareholder's Equity. WACC of company was 7.85% with the interest of 2.54%, beta 1.5, equity risk premium is 6.16% and debt to capital ratio was .38.whaich show a wide moat in the company. Weiss Ratings. My Lists My Alerts. But, ROE takes those earnings and makes it easy to compare across sectors. mobile technology industry. Third-place and fourth-place vendors Xiaomi and Oppo each saw growth of 33.9% and 12.9% . Read reviews, compare customer ratings, see screenshots and learn more about PHTM - Private Hire and Taxi. Apple Market Capitalization is relatively stable at the moment as compared to the past year. Apple Inc. One Apple Park Way. Apple's fourth quarter only included a few days of iPhone 13 sales as it ended on Sept. 25. . When comparing ROCE among companies, there are key things to keep in mind: Ensure that the companies are both in the same industry. The first is that the Services segment is a high-margin business compared to Apple's other product hardware categories; Apple's Services segment generates gross margins of 70% compared to 35% for Products. The Weiss safety rating of Apple Federal Credit Union (Fairfax, VA) is A-. Cupertino, California 95014-2083. Offering optimum freedom to create great visuals, we share our passion to deliver a great performance . At the time, Apple Inc. had an ROE of 36.9% while Facebook Inc. had an ROE of 19.7%. Apple's RoE this year will exceed 100% . Even compared to the average industry ROE of 6.2%, the company's ROE is quite. This indicates that the firm is slightly riskier as compared to the overall market. As for earnings, the firm has current earnings per share of 5.61 (1/22). Some analysts now see Apple's services business representing half of the $2 trillion-plus market valuation. 3 to No. was 18.6%. The state exported 18.8 million 40-pound boxes of .
A ratio shows how many times the first number contains the second number. This is disadvantageous for Samsung, which lags behind Apple in the premium phone market," Kim added. For the Consumer Electronics subindustry, Apple's ROE %, . They reported total assets of $365.725 billion, but it . But it's crab apple-sized compared . Apple's gross profit margin for fiscal years ending September 2017 to 2021 averaged 38.9%. Competitive Comparison. Apple has the best return on equity in the mobile industry, and this is a major driver for investors in Apple stock. More about roe (return on equity), after tax .
Apple's return on common equity decreased in 2017 (36.9%, -0.1%) and increased in 2018 (49.4%, +33.9%), 2019 (55.9%, +13.3%), 2020 (73.7%, +31.8%) and 2021 (147.4%, +100.1%). Looking back at the last five years, Apple's gross profit margin peaked in March 2022 at 43.3%. Apple is preparing to release its augmented reality headset in a matter of months and it will be a "game-changer" for the industry, according to the new report. $147.60. Return on Assets % 22.18. When compared to other companies in the Computers & Peripherals industry and the overall market, APPLE INC's return on equity exceeds that of the industry average and significantly exceeds that of . 26 min. Pleasingly, Apple has a superior ROE than the average (8.1%) company in the Tech industry.
Fiona Apple has joined the growing group of musicians to speak out against the recent Supreme Court reversal of Roe v. Wade, and pledge to do something about it. Apple Federal Credit Union . Apple Inc. DuPont Analysis DuPont Analysis: Disaggregation of ROE, ROA, and Net Profit Margin Annual Data Quarterly Data Decomposing ROE involves expressing net income divided by shareholders' equity as the product of component ratios. Private Hire and Taxi Monthly - PHTM is the market-leading trade publication in the UK for the taxi/private hire industry and is a must read for . . Return on Capital = Net Income / (Shareholder Equity + Debt) This calculation allows investors to see if debt is behind an abnormally high ROE. Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Change 0 % Change. In this episode, we have the one and only Syd Roe joining us on the podcast, and she's got some insights about tech and insurance you need to hear: Changes Syd wants to see in the industry How Syd envisions those changes coming The importance of an effective tech stack When to runnot walkaway from bad tech Enjoy the episode! While this shows that AAPL makes good use of its equity, this metric will. To determine whether Apple's ROCE is good, it is important to compare it against its competitors and not across different industries. The computer and phone maker's . Industry watchers believe that the Z Fold 4 and the Z Flip 4 will be more advanced compared to . ROE (Return on equity), after tax - breakdown by industry. ROA is a better measure to determine the financial performance of a company. Return on Equity.
Now we will look at the cons of using a return on equity ratio: Current and historical return on equity (ROE) values for Apple (AAPL) over the last 10 years. Competitors In iPads industry 14. Return on Equity Meaning.
Sector Technology. When compared to other companies in the Computers & Peripherals industry and the overall market, APPLE INC's return on equity exceeds that of the industry average and significantly exceeds that of the S&P 500. Current return on equity exceeded its ROE from the same quarter one year prior. Profitability Ratios (Summary) Gross Profit Margin Operating Profit Margin Net Profit Margin Return on Equity (ROE) Return on Assets (ROA)
Ratios and Margin Comparison Apple's ROA and ROE are currently standing at 18.91% and 33.34%, respectively. ROE is calculated as Net Income divided by Shareholders Equity and is presented as a percentage. The headset will not be purely about virtual reality but will have . Alternatively, ROE can also be derived by dividing the firm's dividend growth rate by its earnings retention rate (1 - dividend payout ratio ). Strategic Group Map APPLE HTC SAMSUNG 0 2 4 6 8 10 12 0 0.5 1 1.5 2 2.5 3 3.5 Price Quality Smartphones SGM 15. List of AAPL Competitors Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Having earned a solid track record, delivering state-of-the-art products and services, ROE Visual is recognized as the industry standard.