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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
$14.14B
↑ 11% above average
Average (9y)
$12.70B
Historical baseline
Range
High:$14.94B
Low:$10.76B
CAGR
+1.5%
Modest growth trend
PeriodValueChange
2024$14.14B-5.4%
2023$14.94B+13.3%
2022$13.19B+3.5%
2021$12.74B+18.5%
2020$10.76B-6.3%
2019$11.48B-4.7%
2018$12.05B-1.2%
2017$12.20B-7.1%
2016$13.14B+6.0%
2015$12.40B-