What is AAPL's ROIC?

Apple's latest ROIC as of Q2 2024 is 19.09%. While this is a decrease from the previous year's ROIC of 31.62%, it is still a respectable return on invested capital. Looking at multi-year data, we can see a general trend of increasing ROIC from 2020 to 2021, followed by a slight decrease in 2023. Overall, Apple's performance in terms of ROIC has been positive.