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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
$1.26B
↓ 58% below average
Average (9y)
$3.00B
Historical baseline
Range
High:$8.03B
Low:$781.93M
CAGR
-18.6%
Structural decline
PeriodValueChange
2024$1.26B-50.7%
2023$2.56B+227.0%
2022$781.93M-81.8%
2021$4.30B+31.2%
2020$3.28B+15.6%
2019$2.83B+101.3%
2018$1.41B-40.8%
2017$2.38B-25.3%
2016$3.18B-60.4%
2015$8.03B-