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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
$2.13T
↓ 56% below average
Average (9y)
$4.79T
Historical baseline
Range
High:$6.58T
Low:$2.13T
CAGR
-10.7%
Structural decline
PeriodValueChange
2024$2.13T-50.3%
2023$4.29T-8.3%
2022$4.68T-10.7%
2021$5.24T-10.5%
2020$5.85T-11.1%
2019$6.58T+34.3%
2018$4.90T+52.7%
2017$3.21T-37.1%
2016$5.11T-13.7%
2015$5.92T-