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Gross Profit Over Time
Profitability in line with historical norms
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Revenue minus cost of goods sold

Latest
$2.95T
Near historical average
Average (9y)
$2.71T
Historical baseline
Range
High:$3.24T
Low:$1.48T
CAGR
+1.6%
Modest growth trend
PeriodValueChange
2024$2.95T-8.7%
2023$3.24T+14.3%
2022$2.83T+28.6%
2021$2.20T+49.2%
2020$1.48T-49.2%
2019$2.91T-4.7%
2018$3.05T-0.0%
2017$3.05T+5.9%
2016$2.88T+12.9%
2015$2.55T-