Apple Inc. (AAPL) Operating Margin: 32.64%
Is Apple Inc.’s operating margin high or low?
Apple Inc.'s operating margin of 32.64% 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 32.64% as of Wednesday, June 10, 2026. It is above its 12-month average by 2.84% (31.74%).
AAPL Operating Margin Chart
AAPL Average Operating Margin Chart
AAPL Current vs Average Operating Margin Chart
AAPL Operating Margin Metrics
OPERATING MARGIN
32.64%
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
+2.84%
CURRENT VS 3Y AVG
+4.95%
CURRENT VS 5Y AVG
+6.41%
CURRENT VS 10Y AVG
+15.18%
CURRENT VS 15Y AVG
+11.84%
CURRENT VS 20Y AVG
+20.21%
AAPL Competitors' Operating Margin
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Apple Inc. (AAPL) | — | 32.64% | 31.74% | 31.10% | 30.67% |
| Microsoft Corporation (MSFT) | $2.98T | 46.80% | 45.13% | 43.52% | 42.12% |
| Alphabet Inc. (GOOGL) | $4.31T | 32.70% | 32.08% | 29.51% | 28.53% |
| Amazon.com, Inc. (AMZN) | $2.57T | 11.50% | 10.96% | 7.67% | 6.99% |
| Meta Platforms, Inc. (META) | $1.46T | 41.21% | 41.81% | 35.77% | 36.79% |
| NVIDIA Corporation (NVDA) | $4.90T | 64.02% | 61.40% | 48.14% | 42.84% |
Operating Efficiency
Gross Margin
47.9%
Operating Margin
32.6%
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 32.64%.
- Is Apple Inc.'s operating margin high or low?
- Apple Inc.'s operating margin of 32.64% 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% |
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