Apple Inc. (AAPL) Operating Margin: 31.97%
Is Apple Inc.’s operating margin high or low?
Apple Inc.'s operating margin of 31.97% is in line with its 5-year average of 30.67%, near the high end of its 5-year range (29.78%–31.97%).
The operating margin for Apple Inc. (AAPL) is 31.97% as of Tuesday, June 9, 2026. It is above its 12-month average by 0.72% (31.74%).
AAPL Operating Margin Chart
AAPL Average Operating Margin Chart
AAPL Current vs Average Operating Margin Chart
AAPL Operating Margin Metrics
OPERATING MARGIN
31.97%
OPERATING MARGIN AVG TTM
31.74%
OPERATING MARGIN AVG 3Y
31.10%
OPERATING MARGIN AVG 5Y
30.67%
OPERATING MARGIN AVG 10Y
28.34%
OPERATING MARGIN AVG 15Y
29.18%
OPERATING MARGIN AVG 20Y
27.15%
CURRENT VS TTM AVG
+0.72%
CURRENT VS 3Y AVG
+2.80%
CURRENT VS 5Y AVG
+4.23%
CURRENT VS 10Y AVG
+12.82%
CURRENT VS 15Y AVG
+9.54%
CURRENT VS 20Y AVG
+17.74%
AAPL Competitors' Operating Margin
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Apple Inc. (AAPL) | — | 31.97% | 31.74% | 31.10% | 30.67% |
| Microsoft Corporation (MSFT) | $3.00T | 45.62% | 45.13% | 43.52% | 42.12% |
| Alphabet Inc. (GOOGL) | $4.41T | 32.05% | 32.08% | 29.51% | 28.53% |
| Amazon.com, Inc. (AMZN) | $2.63T | 11.16% | 10.96% | 7.67% | 6.99% |
| Meta Platforms, Inc. (META) | $1.48T | 41.44% | 41.81% | 35.77% | 36.79% |
| NVIDIA Corporation (NVDA) | $5.04T | 60.38% | 61.40% | 48.14% | 42.84% |
Operating Efficiency
Gross Margin
46.9%
Operating Margin
32.0%
Apple Inc. Operating Margin Formula & Definition
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Apple Inc. Operating Margin FAQ
- What is the operating margin for Apple Inc. (AAPL)?
- The operating margin for AAPL stock is 31.97%.
- Is Apple Inc.'s operating margin high or low?
- Apple Inc.'s operating margin of 31.97% is in line with its 5-year average of 30.67%, near the high end of its 5-year range (29.78%–31.97%).
- What is the TTM average operating margin for Apple Inc. (AAPL)?
- The TTM average operating margin for AAPL stock is 31.74%.
- What is the 3Y average operating margin for Apple Inc. (AAPL)?
- The 3Y average operating margin for AAPL stock is 31.10%.
- What is the 5Y average operating margin for Apple Inc. (AAPL)?
- The 5Y average operating margin for AAPL stock is 30.67%.
- What is the 10Y average operating margin for Apple Inc. (AAPL)?
- The 10Y average operating margin for AAPL stock is 28.34%.
- What is the 15Y average operating margin for Apple Inc. (AAPL)?
- The 15Y average operating margin for AAPL stock is 29.18%.
- What is the 20Y average operating margin for Apple Inc. (AAPL)?
- The 20Y average operating margin for AAPL stock is 27.15%.
Apple Inc. Operating Margin History
| DATE | OPERATING MARGIN |
|---|---|
| 2025-09-27 | 31.97% |
| 2024-09-28 | 31.51% |
| 2023-09-30 | 29.82% |
| 2022-09-24 | 30.29% |
| 2021-09-25 | 29.78% |
| 2020-09-26 | 24.15% |
| 2019-09-28 | 24.57% |
| 2018-09-29 | 26.69% |
| 2017-09-30 | 26.76% |
| 2016-09-24 | 27.84% |
| 2015-09-26 | 30.48% |
| 2014-09-27 | 28.72% |
| 2013-09-28 | 28.67% |
| 2012-09-29 | 35.30% |
| 2011-09-24 | 31.22% |
| 2010-09-25 | 28.19% |
| 2009-09-26 | 26.69% |
| 2008-09-27 | 19.32% |
| 2007-09-29 | 18.37% |
| 2006-09-30 | 12.70% |
| 2005-09-24 | 11.79% |
| 2004-09-25 | 3.78% |
| 2003-09-27 | -0.02% |
| 2002-09-28 | 0.30% |
| 2001-09-29 | -6.41% |
| 2000-09-30 | 6.54% |
| 1999-09-25 | 5.85% |
| 1998-09-25 | 4.39% |
| 1997-09-26 | -15.11% |
| 1996-09-27 | -14.06% |