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Operating Income Contraction
Trending lower, below historical average, structural decline.
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Profit from core business operations before interest and taxes

Latest
$10.38B
↓ 73% below average
Average (9y)
$37.97B
Historical baseline
Range
High:$54.11B
Low:$10.38B
CAGR
-14.7%
Structural decline
PeriodValueChange
2024$10.38B-60.0%
2023$25.94B-0.3%
2022$26.02B-37.2%
2021$41.45B+16.4%
2020$35.61B-11.7%
2019$40.35B-24.8%
2018$53.67B-0.8%
2017$54.11B+11.4%
2016$48.58B+11.5%
2015$43.59B-