Get the tools used by (smart)2 investors.

Gross Profit Margin for Apple Inc

Join now and get access to the full platform

Search for company or ETF

 

  0 results available. Select is focused ,type to refine list, press Down to open the menu,

AAPL: Apple Inc

Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal ...

219.00 USD
Price
USD
Fair Value
Upside
165.18 - 258.31
52-week range

Analysis

Fiscal Years
Trailing Twelve Months
Fiscal Halfs
Fiscal Quarters
Daily
Hide this widget

The following section summarizes insights on Apple Inc's Gross Profit Margin:

Sep 2016Sep 2018Sep 2020Sep 2022Sep 202430.0%35.0%40.0%45.0%50.0%55.0%

Performance Summary
  • Apple's latest twelve months gross profit margin is 46.5%
  • Apple's gross profit margin for fiscal years ending September 2020 to 2024 averaged 42.7%.
  • Apple's operated at median gross profit margin of 43.3% from fiscal years ending September 2020 to 2024.
  • Looking back at the last 5 years, Apple's gross profit margin peaked in December 2024 at 46.5%.
  • Apple's gross profit margin hit its 5-year low in September 2020 of 38.2%.
  • Apple's gross profit margin increased in each of the last 5 fiscal years from 38.2% in 2020 to 46.2% in 2024.

How does Apple's Gross Profit Margin benchmark against competitors?

Hide this widget

We've identified the following companies as similar to Apple Inc because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.

Metric Usage: Gross Profit Margin

Hide this widget
gp_margin
Slug
number
Datatype
text
Format
current
Default Period
FY, Q, LTM, YTD
Periods Supported
Free
Plan

To view the full list of supported financial metrics please see Complete Metrics Listing.

Similar Metrics

Hide this widget

Metrics similar to Gross Profit Margin in the efficiency category include:

View Full List

Search for metric or datapoint

Gross Profit Margin

Gross profit expressed as a percent of revenue.

Definition of Gross Profit Margin

Hide this widget

The gross profit margin measures a company’s gross profit as a percentage of the revenue. The formula to calculate gross profit margin and an example calculation for Apple’s trailing twelve months is outlined below:

Gross Profit Margin  = Gross Profit / Total Revenue
46.5% = 184.1 B  /  395.8 B

The tables below summarizes Apple’s performance over the last five years:

Fiscal YearGross ProfitRevenueMargin
2020-09-26105 B274.5 B38.2%
2021-09-25152.8 B365.8 B41.8%
2022-09-24170.8 B394.3 B43.3%
2023-09-30169.1 B383.3 B44.1%
2024-09-28180.7 B391 B46.2%

The tables below summarizes Apple’s performance over the last four quarters:

Quarter EndingGross ProfitRevenueMargin
2024-03-3042.271 B90.753 B46.6%
2024-06-2939.678 B85.777 B46.3%
2024-09-2843.879 B94.93 B46.2%
2024-12-2858.275 B124.3 B46.9%

You can read more about Gross Profit here.


Click the link below to download a spreadsheet with an example Gross Profit Margin calculation for Apple Inc below:

Sector Benchmark Analysis

Sector
Industry Group
Industry
Hide this widget
-62.0%-17.0%28.0%101.2%2060100140

The chart above depicts the distribution of gross profit margin for companies operating in the Information Technology sector in the Developed economic region. Over 2,480 companies were considered in this analysis, and 2,430 had meaningful values. The average gross profit margin of companies in the sector is 42.5% with a standard deviation of 27.2%.

Apple Inc's Gross Profit Margin of 46.5% ranks in the 58.9% percentile for the sector. The following table provides additional summary stats:

Gross Profit Margin In The Information Technology Sector
Economic Risk RegionDeveloped
Total Constituents2,487
Included Constituents2,430
Min-63.2%
Max100.0%
Median39.8%
Mean42.5%
Standard Deviation27.2%

You can find companies with similar gross profit margin using this stock screener.

All rights reserved. Terms Of Use