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Gross Profit Over Time
Below historical average, slight contraction.
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Revenue minus cost of goods sold

Latest
$402.04B
↓ 60% below average
Average (8y)
$1.01T
Historical baseline
Range
High:$4.75T
Low:$316.45B
CAGR
-8.1%
Structural decline
PeriodValueChange
2024$402.04B+6.8%
2023$376.49B+19.0%
2022$316.45B-36.2%
2021$496.30B-36.8%
2020$785.07B+4.2%
2019$753.64B+67.9%
2018$448.94B-90.5%
2016$4.75T+500.1%
2015$791.50B-