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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
$12.67B
↓ 71% below average
Average (9y)
$42.97B
Historical baseline
Range
High:$63.39B
Low:$12.67B
CAGR
-15.6%
Structural decline
PeriodValueChange
2024$12.67B-62.8%
2023$34.03B+77.3%
2022$19.19B-63.7%
2021$52.85B+29.7%
2020$40.74B+19.2%
2019$34.17B-33.9%
2018$51.70B-17.1%
2017$62.35B-1.6%
2016$63.39B+8.2%
2015$58.58B-