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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
$23.91T
Near historical average
Average (9y)
$25.18T
Historical baseline
Range
High:$27.81T
Low:$20.18T
CAGR
-0.0%
Modest growth trend
PeriodValueChange
2024$23.91T-1.8%
2023$24.34T+20.6%
2022$20.18T-24.5%
2021$26.75T+2.2%
2020$26.18T-0.5%
2019$26.31T-5.4%
2018$27.81T+4.0%
2017$26.73T+4.3%
2016$25.62T+7.0%
2015$23.93T-