The Hidden Number Behind Mastercard's and Apple's Incredible Gains

Trevor Jennewine, The Motley Fool
·4-min read
The Hidden Number Behind Mastercard's and Apple's Incredible Gains

Based on earnings results over the past several years, the teams at Apple (NASDAQ: AAPL) and Mastercard (NYSE: MA) have this down to a science. Mastercard is an excellent example of a well-managed business. At the end of fiscal 2020, its ROIC was an incredible 36%.