Apple Inc. (AAPL) Return on Invested Capital (ROIC): 51.97%
Is Apple Inc.’s return on invested capital (roic) high or low?
Apple Inc.'s return on invested capital (roic) of 51.97% is 16% above its 5-year average of 44.75%, near the high end of its 5-year range (38.93%–51.97%).
The return on invested capital (roic) for Apple Inc. (AAPL) is 51.97% as of Tuesday, June 9, 2026. It is above its 12-month average by 7.96% (48.14%).
AAPL Return on Invested Capital (ROIC) Chart
AAPL Average Return on Invested Capital (ROIC) Chart
AAPL Current vs Average Return on Invested Capital (ROIC) Chart
AAPL Return on Invested Capital (ROIC) Metrics
RETURN ON INVESTED CAPITAL (ROIC)
51.97%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
48.14%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
46.56%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
44.75%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
32.44%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
30.10%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
27.58%
CURRENT VS TTM AVG
+7.96%
CURRENT VS 3Y AVG
+11.63%
CURRENT VS 5Y AVG
+16.12%
CURRENT VS 10Y AVG
+60.21%
CURRENT VS 15Y AVG
+72.65%
CURRENT VS 20Y AVG
+88.44%
AAPL Competitors' Return on Invested Capital (ROIC)
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Apple Inc. (AAPL) | — | 51.97% | 48.14% | 46.56% | 44.75% |
| Microsoft Corporation (MSFT) | $3.00T | 21.63% | 21.95% | 23.20% | 22.53% |
| Alphabet Inc. (GOOGL) | $4.41T | 21.82% | 23.81% | 22.79% | 21.06% |
| Amazon.com, Inc. (AMZN) | $2.63T | 10.70% | 12.01% | 8.52% | 8.71% |
| Meta Platforms, Inc. (META) | $1.48T | 17.95% | 21.50% | 19.23% | 20.55% |
| NVIDIA Corporation (NVDA) | $5.04T | 62.88% | 69.08% | 50.29% | 40.49% |
Capital Efficiency
ROIC
52.0%
ROE
151.9%
Apple Inc. Return on Invested Capital (ROIC) Formula & Definition
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Apple Inc. Return on Invested Capital (ROIC) FAQ
- What is the return on invested capital (roic) for Apple Inc. (AAPL)?
- The return on invested capital (roic) for AAPL stock is 51.97%.
- Is Apple Inc.'s return on invested capital (roic) high or low?
- Apple Inc.'s return on invested capital (roic) of 51.97% is 16% above its 5-year average of 44.75%, near the high end of its 5-year range (38.93%–51.97%).
- What is the TTM average return on invested capital (roic) for Apple Inc. (AAPL)?
- The TTM average return on invested capital (roic) for AAPL stock is 48.14%.
- What is the 3Y average return on invested capital (roic) for Apple Inc. (AAPL)?
- The 3Y average return on invested capital (roic) for AAPL stock is 46.56%.
- What is the 5Y average return on invested capital (roic) for Apple Inc. (AAPL)?
- The 5Y average return on invested capital (roic) for AAPL stock is 44.75%.
- What is the 10Y average return on invested capital (roic) for Apple Inc. (AAPL)?
- The 10Y average return on invested capital (roic) for AAPL stock is 32.44%.
- What is the 15Y average return on invested capital (roic) for Apple Inc. (AAPL)?
- The 15Y average return on invested capital (roic) for AAPL stock is 30.10%.
- What is the 20Y average return on invested capital (roic) for Apple Inc. (AAPL)?
- The 20Y average return on invested capital (roic) for AAPL stock is 27.58%.
Apple Inc. Return on Invested Capital (ROIC) History
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-09-27 | 51.97% |
| 2024-09-28 | 44.31% |
| 2023-09-30 | 43.39% |
| 2022-09-24 | 45.17% |
| 2021-09-25 | 38.93% |
| 2020-09-26 | 24.27% |
| 2019-09-28 | 21.58% |
| 2018-09-29 | 21.40% |
| 2017-09-30 | 15.80% |
| 2016-09-24 | 17.57% |
| 2015-09-26 | 23.76% |
| 2014-09-27 | 22.20% |
| 2013-09-28 | 22.15% |
| 2012-09-29 | 30.06% |
| 2011-09-24 | 28.97% |
| 2010-09-25 | 25.52% |
| 2009-09-26 | 21.56% |
| 2008-09-27 | 17.73% |
| 2007-09-29 | 19.16% |
| 2006-09-30 | 16.09% |
| 2005-09-24 | 15.03% |
| 2004-09-25 | 4.17% |
| 2003-09-27 | -0.02% |
| 2002-09-28 | 0.27% |
| 2001-09-29 | -5.44% |
| 2000-09-30 | 7.72% |
| 1999-09-25 | 8.84% |
| 1998-09-25 | 8.85% |
| 1997-09-26 | -43.85% |
| 1996-09-27 | -24.57% |