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Operating Income Contraction
Trending lower, below historical average, slight contraction.
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Profit from core business operations before interest and taxes

Latest
$5.14B
↓ 55% below average
Average (9y)
$11.40B
Historical baseline
Range
High:$17.43B
Low:$5.14B
CAGR
-5.3%
Structural decline
PeriodValueChange
2024$5.14B-59.4%
2023$12.67B-13.0%
2022$14.57B-16.4%
2021$17.43B+38.2%
2020$12.61B+17.8%
2019$10.70B-2.5%
2018$10.97B+0.1%
2017$10.96B+3.8%
2016$10.55B+25.2%
2015$8.43B-