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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
$443.83B
↓ 14% below average
Average (9y)
$513.71B
Historical baseline
Range
High:$598.78B
Low:$432.36B
CAGR
-1.9%
Modest growth trend
PeriodValueChange
2024$443.83B+2.7%
2023$432.36B-1.6%
2022$439.22B-23.1%
2021$571.44B+5.4%
2020$542.31B+14.5%
2019$473.52B-7.5%
2018$511.81B-14.5%
2017$598.32B-0.1%
2016$598.78B+14.0%
2015$525.47B-