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Apple Inc
NASDAQ:AAPL

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Apple Inc Logo
Apple Inc
NASDAQ:AAPL
Watchlist
Price: 164.9 USD -1.28%
Updated: Apr 19, 2024

ROA
Return on Assets

28.6%
Current
27%
Average
0.2%
Industry
Positive for the last year
28.6%
Positive average
27%
Better than average
Better than industry value

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
28.6%
=
Net Income
100.9B
/
Total Assets
342.8B

ROA Across Competitors

ROA Comparison
Apple Inc Competitors

Country US
Market Cap 2.6T USD
ROA
29%
Country KR
Market Cap 527.1T KRW
ROA
3%
Country US
Market Cap 84.2B USD
ROA
4%
Country US
Market Cap 51.6B USD
ROA
17%
Country CN
Market Cap 395.7B HKD
ROA
6%
Country TW
Market Cap 932.8B TWD
ROA
5%
Country JP
Market Cap 4.3T JPY
ROA
5%
Country US
Market Cap 27.1B USD
ROA
9%
Country JP
Market Cap 4T JPY
ROA
6%
Country US
Market Cap 22.3B USD
ROA
-9%
Country US
Market Cap 22.2B USD
ROA
3%

Profitability Report

View the profitability report to see the full profitability analysis for Apple Inc.

See Also

Discover More
What is Return on Assets?

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
28.6%
=
Net Income
100.9B
/
Total Assets
342.8B
What is the ROA of Apple Inc?

Based on Apple Inc's most recent financial statements, the company has ROA of 28.6%.