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When looking at these profitability ratios, what do they tell you about Apple as a company throughout the years? 2020 2019 2018 Return on assets
When looking at these profitability ratios, what do they tell you about Apple as a company throughout the years?
| 2020 | 2019 | 2018 |
Return on assets (ROA) =
| = 17.33 | 15.69 | 16.07 |
Net profit margin =
| = 20.91% | 21.23% | 22.41% |
Gross profit margin =
| = 38.23% | 37.82 | 38.34% |
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