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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
$646.88B
Near historical average
Average (9y)
$593.83B
Historical baseline
Range
High:$781.49B
Low:$483.86B
CAGR
-1.7%
Modest growth trend
PeriodValueChange
2024$646.88B+9.6%
2023$590.00B+6.8%
2022$552.52B+5.6%
2021$523.18B+8.1%
2020$483.86B-9.7%
2019$536.09B+0.1%
2018$535.53B-0.1%
2017$536.22B-31.4%
2016$781.49B+3.8%
2015$752.58B-