Apple Inc
Apple Inc: Tax Rate (%)
  • Apple Inc annual tax rate was $0.15 in fiscal year 2019. The annual tax rate Decreased $-0.01 from $0.16 (in 2022) to $0.15 (in 2019).
    This Decreased represents a tax rate growth of -9.17% Billion year over year.


  • Apple Inc quarterly tax rate was $0.16 in the quarter ending in Dec 23. The quarterly tax rate Increased $0.03 from $0.13 (in Jul 23) to $0.16 (in Dec 23).
    This Increased represents a tax rate growth of +26.65% year over year.


  • In the last 5 years from 2019 to 2023 :
    • Highest tax rate of Apple Inc was $0.16 in fiscal year 2022
    • Lowest tax rate of Apple Inc was $0.13 in fiscal year 2021
    • Average tax rate of Apple Inc was $0.15


  • Explore additional financial metrics for Apple Inc
  • Check out competitors to Apple Inc.


  • Definition of Tax Rate (%) :
    The tax rate is the percentage of income that an individual or a business is required to pay to the government. For more details on tax rate, examples and formulas, refer to our glossary.
Apple Inc: Tax Rate (%)
Apple Inc : Tax Rate (%) Details
2023

Apple Inc annual tax rate was $0.15 in fiscal year 2023.
Apple Inc quarterly tax rate was $0.15 (Apr) , $0.15 (Apr) , $0.13 (Jul) , and $0.13 (Jul) in fiscal year 2023.

2022

Apple Inc annual tax rate was $0.16 in fiscal year 2022.
Apple Inc quarterly tax rate was $0.17 (Mar) , $0.17 (Mar) , $0.17 (Mar) , and $0.16 (Jun) in fiscal year 2022.

2021

Apple Inc annual tax rate was $0.13 in fiscal year 2021.
Apple Inc quarterly tax rate was $0.16 (Mar) , $0.16 (Mar) , $0.16 (Mar) , and $0.11 (Jun) in fiscal year 2021.

2020

Apple Inc annual tax rate was $0.14 in fiscal year 2020.
Apple Inc quarterly tax rate was $0.14 (Mar) , $0.14 (Mar) , $0.14 (Mar) , and $0.14 (Jun) in fiscal year 2020.

2019

Apple Inc annual tax rate was $0.16 in fiscal year 2019.
Apple Inc quarterly tax rate was $0.16 (Mar) , $0.16 (Mar) , $0.16 (Jun) , and $0.16 (Jun) in fiscal year 2019.

Apple Inc : Tax Rate (%) (year over year growth)
Apple Inc : Tax Rate (%) (Year Over Year Growth) Details
2023

Apple Inc annual tax rate Decreased -9.17% during fiscal year 2023 compared to 2022.
This represents an Decreased in tax rate of -$0.01 from $0.15 (in 2023) to $0.16 (in 2022).

2022

Apple Inc annual tax rate Increased +21.82% during fiscal year 2022 compared to 2021.
This represents an Increased in tax rate of +$0.03 from $0.16 (in 2022) to $0.13 (in 2021).

2021

Apple Inc annual tax rate Decreased -7.80% during fiscal year 2021 compared to 2020.
This represents an Decreased in tax rate of -$0.01 from $0.13 (in 2021) to $0.14 (in 2020).

2020

Apple Inc annual tax rate Decreased -9.51% during fiscal year 2020 compared to 2019.
This represents an Decreased in tax rate of -$0.02 from $0.14 (in 2020) to $0.16 (in 2019).

Apple Inc : Tax Rate (%) - Annual (Tabular)
Period Tax Rate (%) Y/Y Growth
2023 $0.15 -9.17%
2022 $0.16 +21.82%
2021 $0.13 -7.80%
2020 $0.14 -9.51%
Apple Inc : Tax Rate (%) - Quarterly (Tabular)
Period Tax Rate (%) Y/Y Growth
Dec 23 $0.16 +26.65%
Sep 23 $0.15 +0.64%
Sep 23 $0.15 +0.64%
Jul 23 $0.13 -20.55%
Jul 23 $0.13 -20.55%
Apr 23 $0.15 -6.81%
Apr 23 $0.15 -6.81%
Dec 22 $0.16 -1.08%
Dec 22 $0.16 +0.50%
Sep 22 $0.16 +1.60%
Sep 22 $0.16 +1.60%
Sep 22 $0.16 -6.20%
Jun 22 $0.16 -7.68%
Jun 22 $0.16 -7.68%
Jun 22 $0.16 -1.99%
Mar 22 $0.17 +6.16%
Mar 22 $0.17 +6.16%
Mar 22 $0.17 +6.16%
Dec 21 $0.16 0.00%
Dec 21 $0.16 0.00%
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