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Operating Income Contraction
Trending lower.
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Profit from core business operations before interest and taxes

Latest
$1.78T
↓ 12% below average
Average (9y)
$2.03T
Historical baseline
Range
High:$2.84T
Low:$1.46T
CAGR
+0.1%
Modest growth trend
PeriodValueChange
2024$1.78T-16.1%
2023$2.13T-25.0%
2022$2.84T+9.6%
2021$2.59T+19.4%
2020$2.17T+9.6%
2019$1.98T+2.1%
2018$1.94T+18.7%
2017$1.63T+11.5%
2016$1.46T-17.1%
2015$1.77T-