Operating Profit Margin
since 2005
Calculation
Apple Inc., operating profit margin, long-term trends, calculation
| Operating profit margin | = | 100 | × | Operating income (loss)1 | ÷ | Net sales1 | |
|---|---|---|---|---|---|---|---|
| Sep 28, 2024 | 31.51% | = | 100 | × | 123,216) | ÷ | 391,035) |
| Sep 30, 2023 | 29.82% | = | 100 | × | 114,301) | ÷ | 383,285) |
| Sep 24, 2022 | 30.29% | = | 100 | × | 119,437) | ÷ | 394,328) |
| Sep 25, 2021 | 29.78% | = | 100 | × | 108,949) | ÷ | 365,817) |
| Sep 26, 2020 | 24.15% | = | 100 | × | 66,288) | ÷ | 274,515) |
| Sep 28, 2019 | 24.57% | = | 100 | × | 63,930) | ÷ | 260,174) |
| Sep 29, 2018 | 26.69% | = | 100 | × | 70,898) | ÷ | 265,595) |
| Sep 30, 2017 | 26.76% | = | 100 | × | 61,344) | ÷ | 229,234) |
| Sep 24, 2016 | 27.84% | = | 100 | × | 60,024) | ÷ | 215,639) |
| Sep 26, 2015 | 30.48% | = | 100 | × | 71,230) | ÷ | 233,715) |
| Sep 27, 2014 | 28.72% | = | 100 | × | 52,503) | ÷ | 182,795) |
| Sep 28, 2013 | 28.67% | = | 100 | × | 48,999) | ÷ | 170,910) |
| Sep 29, 2012 | 35.30% | = | 100 | × | 55,241) | ÷ | 156,508) |
| Sep 24, 2011 | 31.22% | = | 100 | × | 33,790) | ÷ | 108,249) |
| Sep 25, 2010 | 28.19% | = | 100 | × | 18,385) | ÷ | 65,225) |
| Sep 26, 2009 | 20.96% | = | 100 | × | 7,658) | ÷ | 36,537) |
| Sep 27, 2008 | 19.32% | = | 100 | × | 6,275) | ÷ | 32,479) |
| Sep 29, 2007 | 18.37% | = | 100 | × | 4,409) | ÷ | 24,006) |
| Sep 30, 2006 | 12.70% | = | 100 | × | 2,453) | ÷ | 19,315) |
| Sep 24, 2005 | 11.84% | = | 100 | × | 1,650) | ÷ | 13,931) |
Based on: 10-K (reporting date: 2024-09-28), 10-K (reporting date: 2023-09-30), 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), 10-K (reporting date: 2016-09-24), 10-K (reporting date: 2015-09-26), 10-K (reporting date: 2014-09-27), 10-K (reporting date: 2013-09-28), 10-K (reporting date: 2012-09-29), 10-K (reporting date: 2011-09-24), 10-K (reporting date: 2010-09-25), 10-K (reporting date: 2009-09-26), 10-K (reporting date: 2008-09-27), 10-K (reporting date: 2007-09-29), 10-K (reporting date: 2006-09-30), 10-K (reporting date: 2005-09-24).
1 US$ in millions
Comparison to Competitors
Apple Inc., operating profit margin, long-term trends, comparison to competitors
| Apple Inc. | Arista Networks Inc. | Cisco Systems Inc. | Dell Technologies Inc. | Super Micro Computer Inc. | |
|---|---|---|---|---|---|
| Sep 28, 2024 | 31.51% | — | 22.64% | 5.89% | — |
| Sep 30, 2023 | 29.82% | 38.52% | 26.37% | 5.64% | 10.68% |
| Sep 24, 2022 | 30.29% | 34.86% | 27.09% | 4.60% | 6.45% |
| Sep 25, 2021 | 29.78% | 31.37% | 25.76% | 5.46% | 3.48% |
| Sep 26, 2020 | 24.15% | 30.19% | 27.63% | 2.85% | 2.57% |
| Sep 28, 2019 | 24.57% | 33.42% | 27.39% | -0.21% | 2.78% |
| Sep 29, 2018 | 26.69% | 12.71% | 24.95% | — | 2.82% |
| Sep 30, 2017 | 26.76% | 28.57% | 24.94% | — | 3.82% |
| Sep 24, 2016 | 27.84% | 21.56% | 25.71% | — | 4.82% |
| Sep 26, 2015 | 30.48% | 17.83% | 21.91% | — | 7.37% |
| Sep 27, 2014 | 28.72% | 21.49% | 19.82% | — | 5.47% |
| Sep 28, 2013 | 28.67% | — | 23.03% | — | 2.34% |
| Sep 29, 2012 | 35.30% | — | 21.85% | — | 4.54% |
| Sep 24, 2011 | 31.22% | — | 17.76% | — | 6.23% |
| Sep 25, 2010 | 28.19% | — | 22.89% | — | 5.65% |
| Sep 26, 2009 | 20.96% | — | 20.27% | — | 4.60% |
| Sep 27, 2008 | 19.32% | — | 23.88% | — | 7.45% |
| Sep 29, 2007 | 18.37% | — | 24.69% | — | 7.11% |
| Sep 30, 2006 | 12.70% | — | 24.56% | — | — |
| Sep 24, 2005 | 11.84% | — | 29.90% | — | — |
Based on: 10-K (reporting date: 2024-09-28), 10-K (reporting date: 2023-09-30), 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), 10-K (reporting date: 2016-09-24), 10-K (reporting date: 2015-09-26), 10-K (reporting date: 2014-09-27), 10-K (reporting date: 2013-09-28), 10-K (reporting date: 2012-09-29), 10-K (reporting date: 2011-09-24), 10-K (reporting date: 2010-09-25), 10-K (reporting date: 2009-09-26), 10-K (reporting date: 2008-09-27), 10-K (reporting date: 2007-09-29), 10-K (reporting date: 2006-09-30), 10-K (reporting date: 2005-09-24).