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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
$624.95B
Near historical average
Average (9y)
$592.29B
Historical baseline
Range
High:$662.83B
Low:$510.77B
CAGR
+1.9%
Modest growth trend
PeriodValueChange
2024$624.95B-2.8%
2023$642.80B+1.7%
2022$632.19B-4.6%
2021$662.83B+29.8%
2020$510.77B-13.1%
2019$587.87B-1.6%
2018$597.13B+1.4%
2017$588.75B+7.0%
2016$550.31B+4.8%
2015$525.36B-