Apple Inc EBIT margin
What is the EBIT margin of Apple Inc?
The EBIT margin of Apple Inc is 31.61%
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 NASDAQ compared to Apple Inc
What does Apple Inc do?
Apple Inc. is an American multinational technology company headquartered in Cupertino, California. Apple is the worlds largest technology company by revenue, with US$394.3 billion in 2022 revenue. As of March 2023, Apple is the worlds biggest company by market capitalization.
Companies with ebit margin similar to Apple Inc
- SMC (Japan) has EBIT margin of 31.54%
- Northfield Bancorp Inc has EBIT margin of 31.55%
- Regions has EBIT margin of 31.57%
- Special Opportunities Fund Inc has EBIT margin of 31.58%
- ESSA Bancorp Inc has EBIT margin of 31.59%
- Edenred SA has EBIT margin of 31.59%
- Apple Inc has EBIT margin of 31.61%
- Pretium Resources Inc has EBIT margin of 31.62%
- Pretium Resources has EBIT margin of 31.62%
- South Plains Inc has EBIT margin of 31.63%
- Innergex Renewable has EBIT margin of 31.63%
- Fiore Gold has EBIT margin of 31.65%
- Penns Woods has EBIT margin of 31.66%