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Gross Profit Over Time
Profitability in line with historical norms
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Revenue minus cost of goods sold

Latest
$20.05B
↑ 10% above average
Average (9y)
$18.16B
Historical baseline
Range
High:$22.15B
Low:$14.61B
CAGR
+2.2%
Modest growth trend
PeriodValueChange
2024$20.05B-9.5%
2023$22.15B+29.8%
2022$17.06B-12.5%
2021$19.51B+33.5%
2020$14.61B-20.2%
2019$18.31B+0.7%
2018$18.18B+2.3%
2017$17.77B+2.2%
2016$17.39B+5.0%
2015$16.55B-