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

Latest
$12.72B
Near historical average
Average (9y)
$11.76B
Historical baseline
Range
High:$29.93B
Low:$-13.98B
CAGR
+17.0%
Consistent expansion
PeriodValueChange
2024$12.72B-52.9%
2023$26.99B+293.1%
2022$-13.98B-152.4%
2021$26.68B+214.3%
2020$8.49B-71.6%
2019$29.93B+459.3%
2018$-8.33B-153.6%
2017$15.55B-5.4%
2016$16.45B+430.0%
2015$3.10B-