Return on Tangible Equity (Quarterly)

Return on Tangible Equity: The amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity. Calculated as: Income from Continuing Operations / Tangible Shareholders Equity

Apple Inc. (AAPL) had Return on Tangible Equity of 52.88% for the most recently reported fiscal quarter, ending 2022-12-31.

Quarterly Annual

Figures for fiscal quarter ending 2022-12-31

Income Statement Financials
Revenue	$117.15B
Net Income	$30.00B
Cost of Goods Sold	$66.82B
Gross Profit	$50.33B
Operating Expenses	$81.14B
Operating Income	$36.02B
Non-Operating Income/Expense	$-393.00M
Pre-Tax Income	$35.62B
Normalized Pre-Tax Income	$35.62B
Income after Taxes	$30.00B
Income from Continuous Operations	$30.00B
Consolidated Net Income/Loss	$30.00B
Normalized Income after Taxes	$30.00B
EBIT	$36.02B
EBITDA	$38.93B
Weighted-Average Shares Outstanding (Basic)	15.89B
Weighted-Average Shares Outstanding (Diluted)	15.96B
Earnings per Share (EPS) (Basic)	$1.89
Earnings per Share (EPS) (Diluted)	$1.88
Balance Sheet Financials
Current Assets	$128.78B
Property, Plant, and Equipment	$42.95B
Long-Term Assets	$217.97B
Total Assets	$346.75B
Current Liabilities	$137.29B
Long-Term Debt	$99.63B
Long-Term Liabilities	$152.73B
Total Liabilities	$290.02B
Common Equity	$56.73B
Tangible Shareholders Equity	$56.73B
Shareholders Equity	$56.73B
Common Shares Outstanding	15.84B
Cash Flow Statement Financials
Cash Flow from Operating Activities	$34.01B
Cash Flow from Investing Activities	$-1.45B
Cash Flow from Financial Activities	$-35.56B
Beginning Cash	$24.98B
End Cash	$21.97B
Increase/Decrease in Cash	$-3.00B
Stock-Based Compensation	$2.90B
Common Stock Dividends Paid	$-3.77B
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	0.94
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.64
Debt to Equity Ratio	1.96
Gross Margin	42.96%
Operating Margin	30.74%
EBIT Margin	30.74%
EBITDA Margin	--
Pre-Tax Profit Margin	30.41%
Profit Margin	25.61%
Free Cash Flow	$30.22B
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.34
Inventory Turnover	9.80
Receiveable Turnover	2.16
Days Sales in Receivables	41.62
Return on Equity	52.88%
Return on Tangible Equity	52.88%
Return on Assets	8.65%
Return on Investments	19.19%
Book Value Per Share	$3.58
Free Cash Flow per Share	$1.89
Operating Cash Flow per Share	$2.13

Data from Zacks Investment Research, Inc.