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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
$172.30B
Near historical average
Average (9y)
$170.56B
Historical baseline
Range
High:$265.64B
Low:$131.54B
CAGR
+1.2%
Modest growth trend
PeriodValueChange
2024$172.30B-5.6%
2023$182.51B-31.3%
2022$265.64B+14.8%
2021$231.42B+51.2%
2020$153.08B+8.9%
2019$140.59B+2.9%
2018$136.57B-0.6%
2017$137.46B+4.5%
2016$131.54B-14.9%
2015$154.51B-