Stock Market · Market value and profits

Corporate Profits as a Percent of GDP (since 1947)

U.S. corporate profits after tax (BEA, without inventory and capital consumption adjustments) as a percent of GDP, quarterly. The dashed line is the long-run average.

YearAverageYear close
19478.59%8.64%
19488.84%8.47%
19497.35%7.19%
19508.64%9.87%
19516.67%6.34%
19526.03%6.24%
19535.96%5.01%
19546.00%6.38%
19556.97%7.12%
19566.91%6.92%
19576.40%5.88%
19585.52%6.10%

Source: FRED CP (Corporate Profits After Tax (without IVA and CCAdj)); FRED GDP (Gross Domestic Product). Federal Reserve Bank of St. Louis.

Gray bands mark U.S. recessions as dated by the NBER (FRED USREC).

The interactive chart loads with JavaScript. All charts