Apple Inc. (AAPL) EBITDA Margin: 34.70%
Is Apple Inc.’s EBITDA margin high or low?
Apple Inc.'s EBITDA margin of 34.70% is in line with its 5-year average of 34.07%, near the high end of its 5-year range (33.66%–34.70%).
The EBITDA margin for Apple Inc. (AAPL) is 34.70% as of Wednesday, June 10, 2026. It is above its 12-month average by 0.27% (34.61%).
AAPL EBITDA Margin Chart
AAPL Average EBITDA Margin Chart
AAPL Current vs Average EBITDA Margin Chart
AAPL EBITDA Margin Metrics
EBITDA MARGIN
34.70%
EBITDA MARGIN AVG TTM
34.61%
EBITDA MARGIN AVG 3Y
34.31%
EBITDA MARGIN AVG 5Y
34.07%
EBITDA MARGIN AVG 10Y
33.15%
EBITDA MARGIN AVG 15Y
33.72%
EBITDA MARGIN AVG 20Y
30.99%
CURRENT VS TTM AVG
+0.27%
CURRENT VS 3Y AVG
+1.15%
CURRENT VS 5Y AVG
+1.86%
CURRENT VS 10Y AVG
+4.68%
CURRENT VS 15Y AVG
+2.90%
CURRENT VS 20Y AVG
+11.96%
AAPL Competitors' EBITDA Margin
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Apple Inc. (AAPL) | — | 34.70% | 34.61% | 34.31% | 34.07% |
| Microsoft Corporation (MSFT) | $2.98T | 56.85% | 55.55% | 52.82% | 51.63% |
| Alphabet Inc. (GOOGL) | $4.31T | 44.66% | 41.67% | 36.33% | 36.57% |
| Amazon.com, Inc. (AMZN) | $2.57T | 23.06% | 21.23% | 16.37% | 15.75% |
| Meta Platforms, Inc. (META) | $1.46T | 52.02% | 52.42% | 45.23% | 45.63% |
| NVIDIA Corporation (NVDA) | $4.90T | 66.94% | 66.47% | 53.39% | 48.31% |
Margin Comparison
Gross Margin
47.9%
EBITDA Margin
34.7%
Operating Margin
32.6%
Net Margin
27.1%
Formula: EBITDA Margin = (EBITDA / Revenue) × 100
Why EBITDA Margin matters:
- Removes effects of depreciation policies (D&A)
- Capital structure neutral (ignores interest)
- Tax neutral (ignores tax differences)
- Good proxy for operating cash generation
Apple Inc. EBITDA Margin Formula & Definition
EBITDA Margin = EBITDA / Revenue
EBITDA margin measures operating profitability before interest, taxes, depreciation, and amortization as a percentage of revenue.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Apple Inc. EBITDA Margin FAQ
- What is the EBITDA margin for Apple Inc. (AAPL)?
- The EBITDA margin for AAPL stock is 34.70%.
- Is Apple Inc.'s EBITDA margin high or low?
- Apple Inc.'s EBITDA margin of 34.70% is in line with its 5-year average of 34.07%, near the high end of its 5-year range (33.66%–34.70%).
- What is the TTM average EBITDA margin for Apple Inc. (AAPL)?
- The TTM average EBITDA margin for AAPL stock is 34.61%.
- What is the 3Y average EBITDA margin for Apple Inc. (AAPL)?
- The 3Y average EBITDA margin for AAPL stock is 34.31%.
- What is the 5Y average EBITDA margin for Apple Inc. (AAPL)?
- The 5Y average EBITDA margin for AAPL stock is 34.07%.
- What is the 10Y average EBITDA margin for Apple Inc. (AAPL)?
- The 10Y average EBITDA margin for AAPL stock is 33.15%.
- What is the 15Y average EBITDA margin for Apple Inc. (AAPL)?
- The 15Y average EBITDA margin for AAPL stock is 33.72%.
- What is the 20Y average EBITDA margin for Apple Inc. (AAPL)?
- The 20Y average EBITDA margin for AAPL stock is 30.99%.
Apple Inc. EBITDA Margin History
| DATE | EBITDA MARGIN |
|---|---|
| 2025-09-27 | 34.70% |
| 2024-09-28 | 34.51% |
| 2023-09-30 | 33.71% |
| 2022-09-24 | 33.76% |
| 2021-09-25 | 33.66% |
| 2020-09-26 | 29.51% |
| 2019-09-28 | 31.46% |
| 2018-09-29 | 32.77% |
| 2017-09-30 | 33.40% |
| 2016-09-24 | 34.01% |
| 2015-09-26 | 36.16% |
| 2014-09-27 | 33.82% |
| 2013-09-28 | 33.38% |
| 2012-09-29 | 37.72% |
| 2011-09-24 | 33.27% |
| 2010-09-25 | 29.76% |
| 2009-09-26 | 28.24% |
| 2008-09-27 | 22.49% |
| 2007-09-29 | 19.68% |
| 2006-09-30 | 13.86% |
| 2005-09-24 | 13.08% |
| 2004-09-25 | 6.32% |
| 2003-09-27 | 2.22% |
| 2002-09-28 | 3.69% |
| 2001-09-29 | 1.19% |
| 2000-09-30 | 14.99% |
| 1999-09-25 | 13.17% |
| 1998-09-25 | 8.45% |
| 1997-09-26 | -12.09% |
| 1996-09-27 | -11.38% |
Related Metrics
About Apple Inc.
Apple Inc. is a global technology corporation that specializes in the conceptualization, production, and sale of a diverse suite of electronic devices. Its comprehensive hardware lineup features the well-known iPhone smartphones, Mac personal computers, and versatile iPad tablets. The company also supplies a range of wearables, smart home products, and accessories, including AirPods, Apple TV, Apple Watch, items from the Beats brand, and HomePod speakers. Beyond its device offerings, Apple delivers essential support services like AppleCare and robust cloud solutions. It oversees key digital platforms, prominently the App Store, which acts as a central hub for customers to discover and download countless applications and digital content, from e-books and music to videos, games, and podcasts. The company also generates revenue via advertising, leveraging both its proprietary ad platforms and third-party licensing deals. Apple's ecosystem is further bolstered by a wide array of subscription-based services: Apple Arcade for gaming, Apple Fitness+ for personalized wellness, Apple Music for curated audio experiences and on-demand radio, Apple News+ for access to news and magazines, and Apple TV+ for exclusive original video programming. Its financial services portfolio includes the co-branded Apple Card and the mobile payment system, Apple Pay. Additionally, Apple strategically licenses its intellectual property. The company serves a broad clientele that spans individual consumers, small and medium-sized enterprises, as well as institutional clients in the education, corporate, and governmental sectors. Products are distributed through a multi-channel strategy, utilizing Apple's own physical retail locations and online storefronts, a dedicated direct sales team, and collaborations with external partners such as mobile network providers, wholesalers, general retailers, and authorized resellers. The App Store additionally functions as the primary conduit for third-party applications designed for its devices. Founded in 1976, Apple Inc. is headquartered in Cupertino, California.
- Sector
- Technology
- Industry
- Consumer Electronics
- CEO
- Timothy D. Cook