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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
$170.51B
Near historical average
Average (9y)
$175.36B
Historical baseline
Range
High:$196.25B
Low:$146.39B
CAGR
+1.7%
Modest growth trend
PeriodValueChange
2024$170.51B-1.5%
2023$173.14B-8.1%
2022$188.31B-1.3%
2021$190.73B-2.8%
2020$196.25B+3.8%
2019$189.05B+10.8%
2018$170.65B+1.6%
2017$168.01B+4.6%
2016$160.61B+9.7%
2015$146.39B-