Apple EBIT margin
What is the EBIT margin of Apple?
The EBIT margin of Apple Inc. is 30.29%
What is the definition of EBIT margin?
EBIT margin is a profitability ratio that measures earnings of the company as a percentage of revenue without taking into account the effect of taxes and interest.
ttm (trailing twelve months)
EBIT margin measures the profitability and operational efficiency of a company. It compares the amount of money that remains after the cost of goods and all operating expenses are subtracted from net revenue to sales. EBIT margin is calculated as earnings before interest and taxes divided by net revenue.
EBIT and EBIT margin evaluate how well a business manages its operations. Interest and taxes are not operating expenses and don’t impact operating efficiency. EBIT margin is usually used to compare operational efficiency and profitability of companies within the same industry. Taxes can vary by location thus excluding them from the calculation gives a better basis for comparing different companies.
EBIT and operating income are often used interchangeably, but there is a difference between them, which can cause the numbers to give different results. The key difference is that operating income does not include non-operating income, non-operating expenses, and other income.
EBIT margin of companies in the Consumer Discretionary sector on XETRA compared to Apple
What does Apple do?
Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. It also sells various related services. In addition, the company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; AirPods Max, an over-ear wireless headphone; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, HomePod, and iPod touch. Further, it provides AppleCare support services; cloud services store services; and operates various platforms, including the App Store that allow customers to discover and download applications and digital content, such as books, music, video, games, and podcasts. Additionally, the company offers various services, such as Apple Arcade, a game subscription service; Apple Music, which offers users a curated listening experience with on-demand radio stations; Apple News+, a subscription news and magazine service; Apple TV+, which offers exclusive original content; Apple Card, a co-branded credit card; and Apple Pay, a cashless payment service, as well as licenses its intellectual property. The company serves consumers, and small and mid-sized businesses; and the education, enterprise, and government markets. It distributes third-party applications for its products through the App Store. The company also sells its products through its retail and online stores, and direct sales force; and third-party cellular network carriers, wholesalers, retailers, and resellers. Apple Inc. was incorporated in 1977 and is headquartered in Cupertino, California.
Companies with ebit margin similar to Apple
- CARE Ratings has EBIT margin of 30.19%
- Clipper Realty Inc has EBIT margin of 30.22%
- Clough Global Dividend and Income Fund has EBIT margin of 30.22%
- Ironwood Pharmaceuticals Inc has EBIT margin of 30.24%
- WVS has EBIT margin of 30.26%
- Microchip Technology has EBIT margin of 30.28%
- Apple has EBIT margin of 30.29%
- VST Industries has EBIT margin of 30.29%
- VAT AG has EBIT margin of 30.30%
- Valley National Bancorp has EBIT margin of 30.30%
- Valley National Bancorp has EBIT margin of 30.30%
- Modiv has EBIT margin of 30.31%
- Kilroy Realty has EBIT margin of 30.31%