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Operating Income Contraction
Trending lower, below historical average, structural decline.
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Profit from core business operations before interest and taxes

Latest
$1.90T
↓ 78% below average
Average (9y)
$8.81T
Historical baseline
Range
High:$15.07T
Low:$1.90T
CAGR
-16.9%
Structural decline
PeriodValueChange
2024$1.90T-73.8%
2023$7.26T+85.8%
2022$3.91T-46.9%
2021$7.36T-26.7%
2020$10.05T-33.4%
2019$15.07T+35.1%
2018$11.16T-0.7%
2017$11.24T+11.0%
2016$10.12T+0.6%
2015$10.06T-