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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
$10.27T
Near historical average
Average (9y)
$10.31T
Historical baseline
Range
High:$11.95T
Low:$8.06T
CAGR
+2.7%
Modest growth trend
PeriodValueChange
2024$10.27T-1.6%
2023$10.45T-6.2%
2022$11.13T-6.8%
2021$11.95T+2.7%
2020$11.63T+15.4%
2019$10.08T+1.2%
2018$9.96T+0.5%
2017$9.91T+2.4%
2016$9.67T+20.0%
2015$8.06T-