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Apple Inc. Interest Expense 2011-2023 | AAPL

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What is interest expense?

Interest expense represents the cost of borrowing money, including interest paid on bonds, loans, and other debt obligations.

What is Apple Inc.'s current interest expense?

Apple Inc. (AAPL) annual interest expense for 2023 was $3.93B, a 34.19% increase from 2022. Apple Inc. interest expense for the quarter ending July 1, 2023 was $998.0M.

What was Apple Inc.'s interest expense in 2022?

Apple Inc. annual interest expense for 2022 was $2.93B, a 10.81% increase from 2021.

What was Apple Inc.'s interest expense in 2021?

Apple Inc. annual interest expense for 2021 was $2.65B, a 7.94% decline from 2020.

What is Apple Inc.'s 5-year interest expense CAGR?

Apple Inc. interest expense grew at a compound annual growth rate (CAGR) of 3.95% from FY2018 to FY2023, going from $3.24B to $3.93B over 5 years.

Interest Expense History

Year-over-year comparison from 10-K annual reports

Key Statistics
Trend Direction
Growing
CAGR+4.0%
FY2018
$3.24B
→
FY2023
$3.93B
11121314151617181920212223
5 years selected
Interest Expense History
PeriodValueChangeSource
FY2023$3.93B+34.2%10-K
FY2022$2.93B+10.8%10-K
FY2021$2.65B-7.9%10-K
FY2020$2.87B-19.7%10-K
FY2019$3.58B+10.4%10-K
FY2018$3.24B+39.5%10-K
FY2017$2.32B+59.5%10-K
FY2016$1.46B+98.6%10-K
FY2015$733.0M+90.9%10-K
FY2014$384.0M+182.4%10-K
FY2013$136.0M-10-K
FY2012$0-10-K
FY2011$0-10-K
Company: Apple Inc.Ticker: AAPLSector: TechnologyIndustry: Electronic ComputersView company profile →