Apple Inc (AAPL)
Pretax margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 123,485,000 | 113,736,000 | 119,103,000 | 109,207,000 | 67,091,000 |
| Revenue | US$ in thousands | 391,035,000 | 379,352,000 | 391,397,000 | 363,172,000 | 271,642,000 |
| Pretax margin | 31.58% | 29.98% | 30.43% | 30.07% | 24.70% |
September 30, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $123,485,000K ÷ $391,035,000K
= 31.58%
Apple Inc's pretax margin has shown a generally positive trend over the past five years, indicating efficient cost management and revenue generation. The pretax margin increased from 24.70% in 2020 to 31.58% in 2024, with some fluctuations in between. This suggests that the company has been able to effectively control its expenses relative to its pre-tax income. Overall, Apple Inc's pretax margin reflects a strong financial performance and profitability, signaling effective operational efficiency and strategic decision-making.
Peer comparison
Sep 30, 2024
Company name
Symbol
Pretax margin
Apple Inc
AAPL
31.58%
Dell Technologies Inc
DELL
4.41%
Omnicell Inc
OMCL
-1.69%
Super Micro Computer Inc
SMCI
10.54%