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Apple Inc   (AAPL)
Other Ticker:  
 
    Sector  Technology    Industry Computer Hardware
   Industry Computer Hardware
   Sector  Technology


Apple Inc 's ROA from the second quarter of 2024 to the second quarter of 2023 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is Apple Inc 's ROA in the second quarter of 2024?
Apple Inc achieved a return on average assets (ROA) of 29.13 % in its second quarter of 2024, this is above AAPL's average return on assets of 19.48%.
Apple Inc s assets during the 12 months ending in the second quarter of 2024 are valued at $344 billion

ROA decreased relative to the period ending Dec 30 2023, due to the decline in net income.

However, within the Technology sector 6 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Mar 30 2024 quarter, so far to 63, from total ROA ranking in the first quarter of 2024 at 90.

What is ROA?


Return On Assets (Mar 30 2024)
II. Quarter
(Dec 30 2023)
I. Quarter
(Sep 30 2023)
IV. Quarter
(Jul 01 2023)
III. Quarter
(Apr 01 2023)
II. Quarter
Y / Y Total Assets Change 1.58 % 1.95 % -0.05 % -0.38 % -5.28 %
Y / Y Net Income Change -2.17 % 13.06 % 10.79 % 2.26 % -3.4 %
Net Income (TTM) in million 100,389 100,913 96,995 94,760 94,321
Return On Assets (TTM) 29.13 % 29.39 % 28.39 % 27.73 % 27.58 %
AAPL's Total Ranking # 63 # 90 # 105 # 122 # 135
Total Assets (TTM) in million 337,411 353,514 352,583 335,038 332,160
Seq. Total Assets Change -4.56 % 0.26 % 5.24 % 0.87 % -4.21 %
Seq. Net Income Change -30.31 % 47.74 % 15.47 % -17.71 % -19.46 %



Return On Assets Company Ranking
Within: No.
Industry # 0
Sector # 7
Overall # 62

Return On Assets Statistics
High Average Low
29.39 %
19.48 %
11.91 %
(Dec 30 2023)   (June 27, 2009)





Financial Statements
Apple Inc 's Assets $ 337,411 million AAPL's Balance sheet
Apple Inc 's Income $ 23,636 million Quarterly AAPL's Income Statement
AAPL's Income by Division See AAPL's Income by Division



Annual Return On Assets (Sep 30 2023)
FY 2023
(Sep 24 2022)
FY 2022
(Sep 25 2021)
FY 2021
(Sep 26 2020)
FY 2020
(Sep 28 2019)
FY 2019
Y / Y Total Assets Change -0.05 % 0.5 % 8.37 % -4.32 % -7.44 %
Total Assets in million 352,583 352,755 351,002 323,888 338,516
Y / Y Net Income Change -2.81 % 5.41 % 64.92 % 3.9 % -7.18 %
Net Income in million 96,995 99,803 94,680 57,411 55,256
Return On Assets 27.51 % 28.29 % 26.97 % 17.73 % 16.32 %




Comment on AAPL's ROA in the fiscal year ending 2023
In the fiscal year 2023 Apple Inc 's ROA decreased compared to previous year to 27.51 %, due to deterioration of net income -2.81 % to $96,995.00 million, from $99,803.00 million a year ago, as AAPL's assets were $352,583.00 million.


More Return On Assets Ratios
AAPL's' Return on Assets at Yahoo Finance
Computer Hardware Industry Return On Assets Trends and Statistics
Technology Sector Roa Statistics
Roa Trends for overall market
AAPL's Roa Ratio versus Computer Hardware Industry, Technology Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for AAPL's Competitors
Roa for Apple Inc 's Suppliers
Return On Assets for AAPL's Customers

You may also want to know
AAPL's Roi AAPL's Inventory Turnover Ratio AAPL's Growth Rates AAPL's Dividend Comparisons
AAPL's Profitability Ratios AAPL's Asset Turnover Ratio AAPL's Dividend Growth
AAPL's Roe AAPL's Valuation Ratios AAPL's Financial Strength Ratios AAPL's Dividend Payout Ratio



Companies with similar Return On Assets at Mar 30 2024, within Technology Sector ROA
Nvidia Corp  69.12 %
Hypha Labs Inc   67.16 %
Verisign Inc  48.64 %
Smc Entertainment Inc   40.81 %
Marathon Digital Holdings Inc   31.44 %
Midwest Energy Emissions Corp   30.48 %
Rambus Inc  30.43 %
Apple Inc   29.13 %
Lattice Semiconductor Corp  27.28 %
Ubiquiti Inc   26.14 %
Nve Corp  25.35 %
Napco Security Technologies inc  25.24 %
Kaltura Inc   24.64 %
Arista Networks inc   24.25 %
Applied Materials Inc  23.45 %
Meta Platforms Inc   20.91 %
Texas Instruments Incorporated  20.83 %
Alphabet Inc   20.74 %
Commvault Systems Inc  20.71 %
Qualys Inc   20.69 %
Immersion Corporation  20.45 %
Appfolio Inc   19.39 %
Cadence Design Systems Inc   19.06 %
Super Micro Computer Inc   19.04 %
M tron Industries Inc   18.86 %
Ibex Limited  18.83 %
Kla Corporation  18.17 %
Monolithic Power Systems Inc  18.09 %
A10 Networks Inc   18.06 %
Transact Technologies Inc  17.97 %


Date modified: 2024-05-04T07:28:09+00:00


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