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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
$18.90T
Near historical average
Average (9y)
$18.82T
Historical baseline
Range
High:$20.04T
Low:$15.20T
CAGR
-0.5%
Modest growth trend
PeriodValueChange
2024$18.90T+6.2%
2023$17.80T+17.1%
2022$15.20T-23.8%
2021$19.94T+1.7%
2020$19.61T+3.1%
2019$19.02T-5.1%
2018$20.04T+1.0%
2017$19.85T+9.4%
2016$18.14T-8.2%
2015$19.76T-