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

Latest
$18.64B
↑ 184% above average
Average (9y)
$6.56B
Historical baseline
Range
High:$38.57B
Low:$-32.10B
CAGR
+16.6%
Consistent expansion
PeriodValueChange
2025$18.64B-51.7%
2024$38.57B+15.8%
2023$33.31B+1804.0%
2022$1.75B-66.3%
2021$5.19B+122.1%
2020$-23.46B+26.9%
2019$-32.10B-464.8%
2018$8.80B-13.6%
2017$10.19B+118.2%
2016$4.67B-