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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
$190.29B
Near historical average
Average (9y)
$184.86B
Historical baseline
Range
High:$195.36B
Low:$167.44B
CAGR
+1.4%
Modest growth trend
PeriodValueChange
2024$190.29B-2.6%
2023$195.36B+3.1%
2022$189.53B+5.6%
2021$179.46B-1.2%
2020$181.57B-4.9%
2019$191.00B+1.6%
2018$188.03B+0.7%
2017$186.65B+4.1%
2016$179.29B+7.1%
2015$167.44B-