GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Apple Inc (BUE:AAPL) » Definitions » Pretax Margin %

Apple (BUE:AAPL) Pretax Margin % : 33.72% (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is Apple Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Apple's Pre-Tax Income for the three months ended in Dec. 2023 was ARS14,556,603 Mil. Apple's Revenue for the three months ended in Dec. 2023 was ARS43,166,575 Mil. Therefore, Apple's pretax margin for the quarter that ended in Dec. 2023 was 33.72%.

The historical rank and industry rank for Apple's Pretax Margin % or its related term are showing as below:

BUE:AAPL' s Pretax Margin % Range Over the Past 10 Years
Min: 24.44   Med: 28.86   Max: 31.03
Current: 30.71


BUE:AAPL's Pretax Margin % is ranked better than
96.51% of 2463 companies
in the Hardware industry
Industry Median: 3.59 vs BUE:AAPL: 30.71

Apple Pretax Margin % Historical Data

The historical data trend for Apple's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Apple Pretax Margin % Chart

Apple Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.27 24.44 29.85 30.20 29.67

Apple Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.41 29.93 27.79 30.17 33.72

Competitive Comparison of Apple's Pretax Margin %

For the Consumer Electronics subindustry, Apple's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Apple's Pretax Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Apple's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Apple's Pretax Margin % falls into.



Apple Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Apple's Pretax Margin for the fiscal year that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Sep. 2023 )/Revenue (A: Sep. 2023 )
=39801914.297/134130589.445
=29.67 %

Apple's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=14556603.013/43166575.039
=33.72 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Apple  (BUE:AAPL) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Apple Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Apple's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Apple (BUE:AAPL) Business Description

Address
One Apple Park Way, Cupertino, CA, USA, 95014
Apple is among the largest companies in the world, with a broad portfolio of hardware and software products targeted at consumers and businesses. Apple's iPhone makes up a majority of the firm sales, and Apple's other products like Mac, iPad, and Watch are designed around the iPhone as the focal point of an expansive software ecosystem. Apple has progressively worked to add new applications, like streaming video, subscription bundles, and augmented reality. The firm designs its own software and semiconductors while working with subcontractors like Foxconn and TSMC to build its products and chips. Slightly less than half of Apple's sales come directly through its flagship stores, with a majority of sales coming indirectly through partnerships and distribution.

Apple (BUE:AAPL) Headlines

From GuruFocus

Q2 2022 Apple Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q4 2019 Apple Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q4 2021 Apple Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q1 2019 Apple Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q3 2023 Apple Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q3 2022 Apple Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q4 2022 Apple Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q3 2019 Apple Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q1 2023 Apple Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024