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Operating Income Contraction
Trending lower.
Left:
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Profit from core business operations before interest and taxes

Latest
$420.99B
Near historical average
Average (9y)
$416.02B
Historical baseline
Range
High:$534.25B
Low:$352.32B
CAGR
+2.0%
Modest growth trend
PeriodValueChange
2025$420.99B-21.2%
2024$534.25B+5.5%
2023$506.52B+30.7%
2022$387.65B+5.8%
2021$366.33B-13.7%
2020$424.26B+3.1%
2019$411.60B+5.1%
2018$391.66B+7.4%
2017$364.57B+3.5%
2016$352.32B-