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Operating Income Contraction
Trending lower, below historical average, strong compound growth.
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Profit from core business operations before interest and taxes

Latest
$5.01B
↓ 21% below average
Average (9y)
$6.38B
Historical baseline
Range
High:$15.09B
Low:$1.67B
CAGR
+13.0%
Consistent expansion
PeriodValueChange
2025$5.01B-40.2%
2024$8.37B+5.9%
2023$7.91B-12.4%
2022$9.02B-40.2%
2021$15.09B+120.6%
2020$6.84B+45.2%
2019$4.71B+172.1%
2018$1.73B-49.9%
2017$3.45B+106.2%
2016$1.67B-