The iPhone was the main driver of Apples success in the first three months of the year. Based on: Need infographics, animated videos, presentations, data research or social media charts? 10-K (reporting date: 2021-09-25), See details , 3 2022 CalculationAdjusted current ratio = Current assets Adjusted current liabilities= 135,405 146,070 = 0.93, 1 2022 CalculationDebt to equity = Total debt Shareholders equity= 121,010 50,672 = 2.39, 3 Adjusted shareholders equity. Cisco Systems Inc. (NASDAQ:CSCO), Adjusted Financial Ratios, Arista Networks Inc. (NYSE:ANET), Adjusted Financial Ratios, Enphase Energy Inc. (NASDAQ:ENPH), Adjusted Financial Ratios. 10-K (reporting date: 2013-09-28), You will first see a graph with values plotted on an annual basis. please visit our agency website, Your contact to the Infographics Newsroom, Find your information in our database containing over 20,000 reports, Our infographics team prepares current information in a clear and understandable format, Relevant facts covering media, economy, e-commerce, and FMCG topics, Use our newsletter overview to manage the topics that you have subscribed to. 10-K (reporting date: 2011-09-24), Jack Nicas covers technology from San Francisco. The final section is an interesting one where we are going to compare the net income performance of AAPL against 3 industry peers. There are six sections in this report. The largest change in the quarterly net profit occurred between the quarters Q4-2020 and Q1-2021. This peak value was achieved in 2018. We hope the above report has helped you with values that you can use to compare APPLE INC with competitors. Now let us see a table containing net profit margin values as numbers. Apple annual net income/loss for 2020 was $57.411B, a 3.9% increase from 2019. 3 5 Highest Quarterly Net Profit Figures of AAPL Similarly, the lowest net margin was 18.41% during Q3-2016. To such an analysis, financial ratios like PE and PEG can help. We will regularly update this report with new margin values. Every row corresponds to a financial year. Apple said iPhone sales rose by 66 percent to $47.9 billion, its steepest increase in years. Company announces sales for last three months of 2020 totalled $111.4bn, fueled largely by release of latest iPhones. Apple periodically provides information for investors on its corporate website. The quarterly report was Apples first following the launch of its iPhone 12 mini, the iPhone 12, the iPhone 12 Pro and the iPhone 12 Pro Max. Amazon reports its earnings on Thursday. Now let us see the top 5 quarterly net-profit figures of AAPL. Apple net income for the twelve months ending March 31, 2023 was $94.321B, a 7.47% decline year-over-year. and displayed without charge by all commercial and OPM = 100 NOPBT Adjusted net sales The fifth section will list five quarters when APPLE INC recorded the lowest margin values. The operating profit margin (OPM) is the ratio of pretax economic earnings, or NOPBT, to sales. December 31, 2020: 25.80% September 30, 2020: 19.59% June 30, 2020: 18.85% . Apple Inc. adjusted ROE improved from 2020 to 2021 and from 2021 to 2022. 10-K (reporting date: 2014-09-27), The highest profit margin attained by AAPL between 2012 and 2022 was 94.64%. Apples more than 100,000 employees are dedicated to making the best products on earth, and to leaving the world better than we found it. 10-K (reporting date: 2006-09-30), The rapid growth is partly explained by slower sales in the same three-month period last year as the pandemic first took hold, but the quarter was still strong on its own merits and far surpassed analysts expectations. We are constantly upgrading and updating our reports section. See calculations . Feel free to contact us anytime using our contact form or visit our FAQ page. Apple Inc. CTR increased from 2020 to 2021 but then slightly decreased from 2021 to 2022 not reaching 2020 level. 10-K (reporting date: 2009-09-26), We hope the above report helped you in analyzing the bottom-line performance of Apple Inc. Profit alone is not a factor in choosing to invest in a company. The first section is the most important one that displays the net profit margin of AAPL for each year until 2022. The iPhone 12 and iPhone 12 Pro were not available until October 16, well after the end of Apples fourth fiscal quarter. Apple annual net income/loss for 2021 was $94.68B, a 64.92% increase from 2020. Basic Statistic Apple's net income 2005-2022; . The biggest difference between the gross and net margins was 67.27% and that variation was observed during 2018. Apple net income for the quarter ending March 31, 2023 was $24.160B, a 3.4% decline year-over-year. Apple Inc. ROIC improved from 2020 to 2021 and from 2021 to 2022. Check out 9to5Mac on YouTube for more Apple news: Breaking news from Cupertino. . Apple reported $28.32B in Operating Profit for its fiscal quarter ending in March of 2023. On the call with analysts, Cook as he's done in recent quarters highlighted the growing . For the fourth fiscal quarter of 2020, Apple has announced revenue of $64.7 billion with $12.67 billion in profit. The market's biggest company easily topped the $2 trillion mark in 2020, and Apple, along with the other trillion-dollar-plus tech leaders like Microsoft, Alphabet and Amazon that have. The ratio of 1.36 in 2020 means that Apple has $1.28 of current assets . The holiday period is a crucial time for Apple, accounting for 30% of its sales, and 2020s bumper quarter was boosted by strong sales of its latest iPhone. The height of each bar is proportional to the margin value. Facebook, too, announced better than expected results. 10-K (reporting date: 2012-09-29), https://www.nytimes.com/2021/04/28/business/apple-profit-earnings-iphone.html. Though not as important as absolute net income, the margin also serves an important purpose. The Statista "Chart of the Day", made available The below table contains the top 5 quarters with the best figures for the net margin. Apple CEO Tim Cook had the following to say about Apples performance in Q4 2020: Apple capped off a fiscal year defined by innovation in the face of adversity with a September quarter record, led by all-time records for Mac and Services, said Tim Cook, Apples CEO. The magnitude of the change was 37.269 (64.9161%). Even for a company with the largest market share and the highest revenue in its field, the ultimate goal will be to make profits. TO = Adjusted net sales Invested capital 29.66% was the highest quarterly net margin of AAPL until Q1-2023 from Q2-2012. For the fiscal year that ended September 26, 2020, Apple posted a net profit of $57.4 billion on revenue of $274.5 billion, meaning the company managed to maintain an average sales growth of 23 . An activity ratio calculated as total revenue divided by adjusted total assets. world relating to economic and political issues as well as Apples sales increased sharply in each of its product categories and in each of its regions around the world. Net Income of APPLE INC during the year 2022 = $99.8 Billion. From remote learning to the home office, Apple products have been a window to the world for users as the pandemic continues, and our teams have met the needs of this moment with creativity, passion, and the kinds of big ideas that only Apple can deliver., Our outstanding September quarter performance concludes a remarkable fiscal year, where we established new all-time records for revenue, earnings per share, and free cash flow, in spite of an extremely volatile and challenging macro environment, said Luca Maestri, Apples CFO. non-commercial websites. The Company posted record September quarter revenue of $64.7 billion and quarterly earnings per diluted share of $0.73. This peak value was achieved in 2018. proper attribution to Statista. As usual, the main driver of Apples success was the iPhone. This graph will help you notice subtle variations compared to the annual graph you saw in the previous section. Services and Mac revenue reach new all-time high. First, let us see a table containing the top quarter names and the profit figures. www.netcials.com does not make any warranties about the completeness, reliability and accuracy of this information. iPhone revenues were $65.6bn for the quarter, up 17% year-over-year. Apple net profit margin for the three months ending March 31, 2023 was . 10-K (reporting date: 2016-09-24), Apples quarterly earnings day has arrived, and with it, we learn how the company performed during the fourth fiscal quarter of 2020. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. www.netcials.com does not make any warranties about the completeness, reliability and accuracy of this information. Apple Inc. adjusted ROA improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022. 10-K (reporting date: 2020-09-26), This section is quite similar to the top gross margin quarters. 4 Click competitor name to see calculations. All the information on this website is published in good faith and for general information purpose only. More. Despite the ongoing impacts of COVID-19, Apple is in the midst of our most prolific product introduction period ever, and the early response to all our new products, led by our first 5G-enabled iPhone lineup, has been tremendously positive. Cupertino, California October 29, 2020 Apple today announced financial results for its fiscal 2020 fourth quarter ended September 26, 2020. Note: Net profit margin, unlike the gross counterpart, accounts for most of the expenses including the cost of goods sold, employee payroll, logistics costs, interests, and taxes. Below is a line graph plotted through the quarterly net profit values of Apple Inc. (A close observation of the nature of swings will help you visualize the consistency of a company by quarter.). This is precisely the reason why net income is more important than other profits like gross or operating. Company revenue sets September quarter record Netflix annual revenue for 2021 was $29.698B, a 18.81% increase from 2020. Tweet This. iPhone Sales Contribute the Most to Apple's Profit Note: When someone mentions "profit margin" without a prefix, usually that means "net margin". Net Income . A profitability ratio calculated as adjusted net income divided by adjusted total assets. Apple is not providing any guidance for Q1 2021 due to the continued uncertainty caused by the COVID-19 pandemic around the world. Sales of Apples wearable devices, including the Apple Watch and AirPods, grew 25 percent, and its services division, which includes app sales and subscriptions to iCloud and other Apple services, grew 26 percent. The third column contains the recent annual net profit. Apples continued growth comes amid increasing scrutiny of its power. Note: You may have to bookmark this report, and come again later to analyze in-depth why these quarters underperformed. The final column shows the growth. The Company posted record September quarter revenue of $64.7 billion and quarterly earnings per diluted share of $0.73. If you are interested, you may have to look at the below three reports. Cupertino, California October 29, 2020 Apple today announced financial results for its fiscal 2020 fourth quarter ended September 26, 2020. With little effort, you can do that analysis from the values found in the below table. (For your information: We have labeled the quarters along the X-axis.). ROIC = 100 NOPAT Invested capital Netcials reports section helps you with deep insights into the performance of various assets over the years. 10-K (reporting date: 2019-09-28), A top to bottom look at the final column will help you observe how the net income has changed over and between the years. The data is hidden behind: . Therefore, we strongly urge you to bookmark this page for future reference. Observation: Let us check if the highest net margin coincided with the highest profit recorded. Decomposition of ROIC. A solvency ratio calculated as adjusted total debt divided by adjusted total debt plus adjusted total equity. Please note that the code must be integrated into the HTML code (not only the text) for WordPress pages and other CMS sites. Now let us see a graph depicting the profit values as bars. get full access to the entire website for at least 3 months from $49.99. Apple revenue increased dramatically in the 2020's, from $65 billion at the start of the decade to $274.5 billion by the end. 3 2022 Calculation The second column contains the margin while the third column contains how the margins varied between successive quarters. Before joining The Times, he spent seven years at The Wall Street Journal covering technology, aviation and national news. Note: The data used in this report lies between 2012 and 2022. The Statista "Chart of the Day" currently focuses Today, Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch, and Apple TV. 3 Click competitor name to see calculations. See calculations , 3 Effective cash tax rate (CTR). Apple, the world's leading company by market capitalization, reported a net income of $94.7 billion in 2021, an increase of nearly 65% as compared to a net income of $57.4 billion in 2020.. Apple generates its revenues from sales of products (iPhone, Mac, iPad, Wearables, etc.) When publishing one of these graphics, The second section will help you analyze the quarterly net profit of AAPL. Capital turnover is a function of the efficiency of working capital management and of net fixed assets. Yes, Statista allows the easy integration of many infographics on other websites. First, let us see the net profit values of AAPL by year. Our December quarter business performance was fueled by double-digit growth in each product category, which drove all-time revenue records in each of our geographic segments and an all-time high for our installed base of active devices, said Luca Maestri, Apples chief financial officer. Simply copy the HTML code that is shown for the relevant statistic in order to integrate it. We have validated the data to the best of our knowledge. CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. Statista offers daily infographics about trending topics, covering:Economy & Finance, Politics & Society, Tech & Media, Health & Environment, Consumer, Sports and many more. Now let us see a table containing the numeric data used in the above quarterly profit graph. Does Statista also create infographics in a customized design? Note: Net profit is the final income after all the expenses including cost of goods, operating, interest, taxes, etc are subtracted from the revenue or the top line. Later you will see a table like that of the previous section. Revenue of AAPL during the year 2022 = $394.33 Billion. Instead, it reports a breakdown of revenue by product category. Balance Sheet: Liabilities and Stockholders Equity, Common-Size Balance Sheet: Liabilities and Stockholders Equity. These statements involve risks and uncertainties, and actual results may differ materially from any future results expressed or implied by the forward-looking statements. Apple Inc. OPM improved from 2020 to 2021 and from 2021 to 2022. The Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates. This compares to revenue of $64 billion and profit of $13.69 billion in. More people splurged on computers as they worked and learned from home, driving sales of Macs to grow by 70 percent. We continue to get a closer look at how the ongoing COVID-19 pandemic is affecting Apples business, with a specific focus on the iPhone,or lack thereof, this time around. Be sure to check out, WWDC 2023: Heres everything to expect at Apples special event this year, watchOS 10 to include revamped apps to take advantage of Apple Watch Ultras larger display, Reality Pro could be the ultimate Mac display that Apple would never make, Apple preps first Mac with M2 Ultra chip and M2 Max desktop ahead of WWDC, $26.44 billion: iPhone (down from $33.36 billion in Q4 2019), $14.55 billion: Services (up from $12.5 billion in Q4 2019), $9.03 billion: Mac (up from $6.99 billion in Q4 2019), $7.88 billion: Wearables, Home, and Accessories (up from $6.52 billion in Q4 2019), $6.79 billion: iPad (up from $4.66 billion in Q4 2019). on two sectors: "Media and Technology", updated Annual Data Quarterly Data Apple Inc., profitability ratios Based on: 10-K (reporting date: 2022-09-24) , 10-K (reporting date: 2021-09-25) , 10-K (reporting date: 2020-09-26) , 10-K (reporting date: 2019-09-28) , 10-K (reporting date: 2018-09-29) , 10-K (reporting date: 2017-09-30) . Apple Profit Margin (Quarterly): 25.48% for March 31, 2023. Apple Inc., ROIC calculation, comparison to benchmarks. Feel free to access them. Tweet This. Consumer Electronics Apple's net income 2005-2022 Published by Federica Laricchia , Nov 17, 2022 Apple reported net income of 99.8 billion U.S. dollars in its 2022 fiscal year, the highest. This will help them study the underperformed quarters even further and check future implications. More information on these risks and other potential factors that could affect the Companys business and financial results is included in the Companys filings with the SEC, including in the Risk Factors and Managements Discussion and Analysis of Financial Condition and Results of Operations sections of the Companys most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings. This section reports the best quarters of AAPL with the highest net margin values during that timeframe. For the fourth fiscal quarter of 2020, Apple has announced revenue of $64.7 billion with $12.67 billion in profit. Based on: If you have already read the gross profit report of Apple Inc, you would have noticed a section detailing the highest performed quarters. First, you will see a graph showing the quarters and the corresponding net margin values. The below table contains the margin values in the successive columns and the difference in the final column. industries; and "Economy and Society", which 10-K (reporting date: 2015-09-26), Company Name, Ticker, Suppliers, else.. Shares of Apple, which is worth roughly $2.25 trillion, rose nearly 2 percent in after-hours trading. please include a backlink to the respective infographic URL. Note: This final section is very important for any potential investor. = 100 120,178 394,828 = 30.44%, Apple Inc., TO calculation, comparison to benchmarks, 2 2022 Calculation Per Share Data Apple Inc. The margin was attained during Q2-2012. By using our services, you agree to our use of cookies. Cook said that the results could have been even better if not for the Covid-19 pandemic, which forced Apple to temporarily close some of its stores around the world. = 100 101,652 46,661 = 217.85%. Taking the stores out of the equation, particularly for iPhones and wearables, theres a drag on sales, Cook told CNBC. A solvency ratio calculated as adjusted total debt divided by adjusted total equity. Profit Margin (Quarterly) Chart. (modern). For a more granular look at Apple's massive profit, Rakshit Jain has visualized Apple's key financial metrics with data sourced from the company's 2022 annual report (September 2022). First, let us see a graph showing the best net margin quarters of APPLE INC. 10-K (reporting date: 2008-09-27), Not always the best gross income quarters are the same as those quarters with the highest net profit figures. Financial Information - CSIMarket. All the information on this website is published in good faith and for general information purpose only. APPLE INC's Net Profit Margin Vs Gross Margin, APPLE INC's 5 Highest Quarterly Profit Margin Figures, AAPL's 5 Lowest Quarterly Profit Margin Figures. Apple Inc., net profit margin, long-term trends, comparison to competitors, Apple Inc., net profit margin, long-term trends, comparison to sector (technology hardware & equipment), Apple Inc., net profit margin, long-term trends, comparison to industry (information technology), Balance Sheet: Liabilities and Stockholders Equity, Common-Size Balance Sheet: Liabilities and Stockholders Equity, Comparison to Sector (Technology Hardware & Equipment), Comparison to Industry (Information Technology). Were gratified by the enthusiastic customer response to the unmatched line of cutting-edge products that we delivered across a historic holiday season, Apple chief executive Tim Cook said in a statement. 10-K (reporting date: 2018-09-29), Despite the ongoing impacts of COVID-19, Apple is in the midst of our most prolific product introduction period ever, and the early response to all our new products, led by our first 5G-enabled iPhone lineup, has been tremendously positive. ROIC is unaffected by changes in interest rates or company debt and equity structure. under the Creative Commons License CC BY-ND 3.0, may be used Net Profit Margin = (Net Income / Revenue) x 100% = 25.31%. Operating Profit Margin since 2005. Get 1-month access to Apple Inc. for $19.99, or. Use is, however, only permitted with (Below the table you will see an interesting observation regarding the change in the profit value. That gave it a net profit of $99.8 billion, up 5.4% from 2021 and 73% from 2020. AAPLWorkforceEfficiencyattheCompetitors, AAPLCompetitorsManagementEffectiveness, AAPLWorkforceEfficiencyattheCustomers, Apple Inc'sIncome from Cont. and services (AppleCare, cloud, digital content, payment, and other services). Profit margin is one such figure that will help compare different companies from the same industry or even the same geography. Note: Tracking annual values of net profit margin is very useful for every potential investor for an important reason. As you know, the Gross margin will be greater than the net margin because it doesn't factor in variables like taxes, interests, etc. Cookies help us deliver our services. All Rights Reserved. Annual revenue, gross margin, net income. This press release contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. In 2001, Apples total revenue amounted to $5.36 billion but came with a loss of $25 million. You have to analyze if the price is fair relative to the profit the company is making. 10-K (reporting date: 2022-09-24), 10-K (reporting date: 2017-09-30). Apple Inc. adjusted debt-to-capital ratio deteriorated from 2020 to 2021 and from 2021 to 2022. Though the gross profit may be on the higher end, sometimes, higher taxes or scaled up operating expenses may drag the net profit down. The turnover of capital (TO) is the ratio of sales to invested capital. Cisco Systems Inc. (NASDAQ:CSCO), Net Profit Margin, Arista Networks Inc. (NYSE:ANET), Net Profit Margin, Enphase Energy Inc. (NASDAQ:ENPH), Net Profit Margin, Apple Inc., net profit margin, long-term trends, calculation. Net operating profit after taxes (NOPAT) 1: Add: Cash operating taxes 2: . 10-K (reporting date: 2005-09-24). Such is the importance of this particular metric. It measures business productivity performance. Below is a table containing the numeric values of the net income of Apple Inc by year. Balance Sheet: Liabilities and Stockholders Equity, Common-Size Balance Sheet: Liabilities and Stockholders Equity. Note: The below table will readily help you learn the trend between successive quarters. Our sales results and the unmatched loyalty of our customers drove our active installed base of devices to an all-time high in all of our major product categories. Apple reported total annual sales for 2021 of $365.8 billion, up a significant 33% from the $274.5 billion it reported in 2020. 10-K (reporting date: 2021-09-25), Annual revenue was $394.3 billion, up 8 percent year over year, and annual earnings per diluted share were $6.11, up 9 percent year over year. See details , 4 2022 CalculationAdjusted debt to equity = Adjusted total debt Adjusted shareholders equity= 132,480 48,535 = 2.73, 1 2022 CalculationDebt to capital = Total debt Total capital= 121,010 171,682 = 0.70, 4 2022 CalculationAdjusted debt to capital = Adjusted total debt Adjusted total capital= 132,480 181,015 = 0.73, 1 2022 CalculationFinancial leverage = Total assets Shareholders equity= 352,755 50,672 = 6.96, 4 2022 CalculationAdjusted financial leverage = Adjusted total assets Adjusted shareholders equity= 338,218 48,535 = 6.97, 1 2022 CalculationNet profit margin = 100 Net income Net sales= 100 99,803 394,328 = 25.31%, 4 2022 CalculationAdjusted net profit margin = 100 Adjusted net income Adjusted net sales= 100 89,926 394,828 = 22.78%, 1 2022 CalculationROE = 100 Net income Shareholders equity= 100 99,803 50,672 = 196.96%, 4 2022 CalculationAdjusted ROE = 100 Adjusted net income Adjusted shareholders equity= 100 89,926 48,535 = 185.28%, 1 2022 CalculationROA = 100 Net income Total assets= 100 99,803 352,755 = 28.29%, 4 2022 CalculationAdjusted ROA = 100 Adjusted net income Adjusted total assets= 100 89,926 338,218 = 26.59%. Cookies help us deliver our services. Copyright 2023 Netcials. The difference between the two values is the result of several external factors like taxes. Company Name, Ticker, Customers, else.. . This compares to revenue of $64 billion and profit of $13.69 billion in the same quarter last year. . Apple will provide live streaming of its Q4 2020 financial results conference call beginning at 2:00 p.m. PT on October 29, 2020 at. You will also find sections that will help you compare net margin with gross margin and net income. CTR = 100 Cash operating taxes NOPBT Apple said on Wednesday that it would repurchase an additional $90 billion of its own stock, part of its continued program to return much of its earnings to shareholders. Overview Earnings & Estimates Apple Inc. Apple said its revenues soared by 54 percent to $89.6 billion, a record for the March quarter that meant Apple sold more than $1 billion on average each day. See calculations , 2 Turnover of capital (TO). This section lists three key figures, namely net margin, profit, and revenue of APPLE INC in a table. Just like the previous section, let us first see a graph describing the 5 quarters with the lowest net profit values. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2023, Quarterly smartphone market share worldwide by vendor 2009-2023, Number of apps available in leading app stores Q3 2022. 10-K (reporting date: 2022-09-24), The change was 16.082 (126.9%). Apple does not report unit sales for any of its hardware products. Tips, questions, typos to chance@9to5mac.com, Youre reading 9to5Mac experts who break news about Apple and its surrounding ecosystem, day after day. Here are those numbers for fiscal Q4 2020: Read the full report on Apple Newsroom and stay tuned to 9to5Mac for more coverage from the AAPL earnings call with Tim Cook and Luca Maestri next. Apple Inc. adjusted total asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022. Apple said on Wednesday that its profits more than doubled to $23.6 billion in the most recent quarter as people embraced its latest iPhones and bought more of its other products, striking. Based on: Unhide it. Apple capped off a fiscal year defined by innovation in the face of adversity with a September quarter record, led by all-time records for Mac and Services, said Tim Cook, Apples CEO. Comment, Companies with similar 2022 Annual Net Income within Technology Sector. 10-K (reporting date: 2018-09-29), As additional information, the lowest profit margin was 20.91% in 2020. 1 2022 CalculationTotal asset turnover = Net sales Total assets= 394,328 352,755 = 1.12, 4 2022 CalculationAdjusted total asset turnover = Adjusted net sales Adjusted total assets= 394,828 338,218 = 1.17, 1 2022 CalculationCurrent ratio = Current assets Current liabilities= 135,405 153,982 = 0.88, 2 Adjusted current liabilities. An interesting fact follows. daily and featuring the latest statistics from the media, 10-K (reporting date: 2007-09-29), AAPL stock is down around 5% during after-hours trading. Anyone can read what you share. 10-K (reporting date: 2021-09-25), Annual Net Income Growth Comment: Apple Inc 's Annual Net Income for the fiscal year ended 2022, increased by 5.41% Apple Inc Annual Income Statement . This means the entire iPhone 12 launch season will be factored into Apples fiscal Q1 2021 earnings release in January, alongside the normal holiday shopping season. A liquidity ratio calculated as adjusted current assets divided by adjusted current liabilities. The below table lists Apple Inc along with the peers. Hence, a more or less constant difference between the margins will signify that the external factors were under control. The final column will help you evaluate how every quarter's figure with the highest value of 29.66% of Q2-2012. You will find an interesting observation after the table. Which topics are covered by the "Chart of the Day"? Netcials reports section helps you with deep insights into the performance of various assets over the years. If you find data inaccuracies kindly let us know using the contact form so that we can act promptly. Apple Inc. adjusted financial leverage ratio increased from 2020 to 2021 and from 2021 to 2022. As additional information, the lowest profit margin was 20.91% in 2020. The highest net profit margin of 94.64 was observed during 2018%, while the highest net income of 99.8 Billion was reported during 2022. Tweet This. By using our services, you agree to our use of cookies. The graph you will see in this section will be particularly helpful when analyzing the seasonal patterns in the performance of a company. Copyright 2023 Netcials. Apples Board of Directors has declared a cash dividend of $0.205 per share of the Companys common stock. Selected Financial Data since 2005. Apple revolutionized personal technology with the introduction of the Macintosh in 1984. . Apple doubles its profits on soaring iPhone sales. Tweet This. The folks over at Six Colors have some additional charts to visualize Apples numbers. FTC: We use income earning auto affiliate links. Want to know the net profit margin of APPLE INC for 2022 and previous years? This margin apart from reflecting internal factors like the company's performance (like the efficiency of operations, cost-cutting measures, automation, etc.,) also reflects the external factors like change in Government taxes, interest rates, etc. We also returned nearly $22 billion to shareholders during the quarter, as we maintain our target of reaching a net cash neutral position over time.. Furthermore, the iPhone 12 mini and iPhone 12 Pro Max wont be available until November 6. International sales accounted for 59 percent of the quarter's revenue. Apple Inc yearly Net Income growth rates trends. = 100 18,526 120,178 = 15.42%. The companys flagship product had accounted for more than half of its overall sales for years, but more recently Apple has tried to diversify into other businesses, causing the share of revenue from iPhones to fall to 41 percent in the quarter that ended September 30. Compare AAPL With Other Stocks From: To: Zoom: 0 10 20 30 40 50 60 70 80 90 100 Annual Values 2010 2012 2014 2016 2018 2020 2022 -20 0 20 40 60 80 YoY Quarterly Growth $19.99 Adjusted Financial Ratios Adjusted Financial Ratios (Summary) Adjusted Total Asset Turnover Adjusted Current Ratio Adjusted Debt to Equity Adjusted Debt to Capital Adjusted Financial Leverage Adjusted Net Profit Margin Adjusted Return on Equity (ROE) Adjusted Return on Assets (ROA) Paying users area Try for free International sales accounted for 59 percent of the quarters revenue. Apple Inc. adjusted net profit margin ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022 not reaching 2020 level. Facebook, too, announced better than expected results on Tuesday, with revenues of $28bn for the last quarter. According to the latest Fortune 500 list, 25 U.S. companies posted an ANNUAL profit above $10 billion in 2019. Do not forget to leave your feedback. Netflix revenue for the twelve months ending March 31, 2023 was $31.909B, a 4.96% increase year-over-year. Can I integrate infographics into my blog or website? Gross margins for the 2021 . internet, telecommunications and consumer electronics return much of its earnings to shareholders. Apple claimed 2,490 . The figure below represents Apple's profit margin be tween . 9/30/2019 Total Revenue 387,537,000 394,328,000 365,817,000 274,515,000 260,174,000 Cost of Revenue 220,666,000 223,546,000 212,981,000 169,559,000 161,782,000 Gross Profit 166,871,000. The company also had a net profit of $11.25 billion in the same period. From remote learning to the home office, Apple products have been a window to the world for users as the pandemic continues, and our teams have met the needs of this moment with creativity, passion, and the kinds of big ideas that only Apple can deliver., Our outstanding September quarter performance concludes a remarkable fiscal year, where we established new all-time records for revenue, earnings per share, and free cash flow, in spite of an extremely volatile and challenging macro environment, said Luca Maestri, Apples CFO. The below table contains the net margin values as numbers. Net Profit Margin = (Net Income / Revenue) x 100% = 25.31%. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 1000+ markets in 190+ countries & territories, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Hence, the highest net margin didn't concur with the highest profit. Apple Inc. TO improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022. Net income can be defined as company's net profit or loss after all revenues, income items, and expenses have been accounted for. 1 D 5 D 1 M 3 M YTD 1 Y 3 Y $ % Advanced Charting Compare Compare to Benchmark: DJIA S&P 500 GLOBAL DOW NASDAQ Technology Compare to Open 176.96 Prior Close 175.43 (05/26/23) 1 Day AAPL 1.28% DJIA. The second column contains the net profit value at the beginning of 3 years (computed using the method outlined in the first section). Global Apple's gross profit margin forecast 2017-2019; Apple Inc. adjusted current ratio deteriorated from 2020 to 2021 and from 2021 to 2022. If you find data inaccuracies kindly let us know using the contact form so that we can act promptly. Profit Margin is calculated using Net Income/Revenue. We are going to check the growth of net profit in 3 years. Netflix annual revenue for 2020 was $24.996B, a 24.01% increase from 2019. This chart shows Apple's revenue by operating segment since fiscal year 2001. Profit is the key to any business. This report will help you. Now let us see a graphical representation of the top net profit quarters of Apple Inc. The final column will help you learn the differences between successive annual values and hence the trend of the net margin curve. Apple said that iPad sales grew 79 percent and that Mac sales grew 70 percent, success that was partly driven by more people splurging on computers as they worked and learned from home. Chance is an editor for the entire 9to5 network and covers the latest Apple news for 9to5Mac. All rights reserved. Aggregate Accruals. The enormous profits are further evidence of the growing dominance of the biggest tech companies. Net operating profit before taxes (NOPBT), Add: Increase (decrease) in deferred revenue. Apple AAPL:US : USD 28.32B 7.7B . Apples five software platforms iOS, iPadOS, macOS, watchOS, and tvOS provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay, and iCloud. Analysis Fiscal Years Trailing Twelve Months Fiscal Halfs Fiscal Quarters Daily Fiscal Years Hide this widget The following section summarizes insights on Apple Inc.'s Gross Profit Margin: Sep 2014 Sep 2016 Sep 2018 Sep 2020 Sep 2022 30.0% 35.0% 40.0% 45.0% 50.0% Performance Summary Apple's latest twelve months gross profit margin is 43.2% For the quarter, Apple posted revenue of $83.4 billion and net quarterly profit of $20.6 billion, or $1.24 per diluted share, compared to revenue of $64.7 billion and net quarterly profit. We also returned nearly $22 billion to shareholders during the quarter, as we maintain our target of reaching a net cash neutral position over time.. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: When Apple reported its latest full-year results in October, there were no major surprises: iPhone sales were slightly down year-over-year, services revenue reached yet another all-time high and the segment formerly known as Other products, now called Wearables, Home and Accessories, continued to grow. Apple Inc. adjusted debt-to-equity ratio deteriorated from 2020 to 2021 and from 2021 to 2022. Net profit margin can be defined as net Income as a portion of total sales revenue. Annual Net Income Annual Growth Rates Y/Y. 5 Highest Quarterly Net Profit Figures of AAPL, Net Income Growth Of Apple Inc Vs Industry Peers. Other products revenues, including the Apple Watch and home products, were up 29% at $12.97bn and Mac sales were up 21% at $8.68bn. Operations Y/Y, AAPL'sSuppliersManagementEffectiveness, AAPL'sEmployee Efficiency at the Competitors, AAPL'sCompetitorsManagementEffectiveness, Apple Inc'sCustomersExpenditureGrowthRates, Apple Inc'sCustomersWorkforceEfficiency, IncomefromContinuedOperationsAnnualGrowth, Taiwan Semiconductor Manufacturing Company Limited. 10-K (reporting date: 2022-09-24), 10-K (reporting date: 2010-09-25), Overall, the iPhone maker generated $12.7 billion in profit on revenue of 64.7 billion, shrugging off the COVID-19 crisis pretty convincingly - something only confirmed when looking at FY 2021 with revenue outstripping 2020 with Q4 still to be added. As you know, this report covers the time range between 2012 and 2022. 10-K (reporting date: 2017-09-30). Revenue of AAPL during the year 2022 = $394.33 Billion. You will find charts (annual and quarterly) and other useful sections to analyze the profit margin in-depth. The time frame of the analysis of this report is between 2012 and 2022. 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