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Operating Income Contraction
Trending lower, modest growth trend.
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Profit from core business operations before interest and taxes

Latest
$16.21B
Near historical average
Average (9y)
$15.56B
Historical baseline
Range
High:$19.41B
Low:$10.66B
CAGR
+4.8%
Modest growth trend
PeriodValueChange
2024$16.21B-16.5%
2023$19.41B+10.7%
2022$17.55B+4.1%
2021$16.86B+2.6%
2020$16.43B-4.9%
2019$17.28B+15.1%
2018$15.02B+6.9%
2017$14.05B+16.3%
2016$12.09B+13.4%
2015$10.66B-