Corporate Income Statement
Last Updated: October 04, 2026 at 02:03 PM EST
| Accounting Concept | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Gross Profit | 15,330,873 | 16,452,152 | 17,336,079 | 18,377,870 |
| Depreciation | 2,288,726 | 2,448,178 | 2,589,504 | 2,742,265 |
| OpEx (Total) | 9,686,247 | 10,173,482 | 10,698,696 | 11,329,619 |
| Employee Comp | 8,504,303 | 8,980,050 | 9,444,088 | 9,869,222 |
| Wages and Salaries | 7,232,890 | 7,600,204 | 8,004,639 | 8,368,973 |
| Supplements to Wages and Salaries | 1,271,412 | 1,379,845 | 1,439,449 | 1,500,249 |
| Taxes on production | 1,181,944 | 1,193,432 | 1,254,608 | 1,460,397 |
| Operating Income | 3,355,901 | 3,830,492 | 4,047,879 | 4,305,987 |
| Interest Expense | 242,757 | 471,316 | 510,509 | 557,053 |
| Business Transfers | 200,274 | 234,871 | 237,967 | 236,305 |
| Income Tax | 599,874 | 621,208 | 660,908 | 638,813 |
| Dividends | 1,645,685 | 1,644,143 | 1,764,119 | 1,768,613 |
| IVA | -161,530 | 33,262 | -14,332 | -57,743 |
| CCAdj | -84,364 | -245,952 | -343,341 | -84,665 |
| GAAP | ||||
| EBT | 3,158,764 | 3,336,995 | 3,657,076 | 3,655,037 |
| EBT Receipts from RoW | 936,025 | 938,727 | 973,276 | 1,064,123 |
| EBT Payments to RoW | 484,237 | 482,509 | 536,677 | 551,790 |
| Net Income | 2,558,890 | 2,715,787 | 2,996,167 | 3,016,224 |
| Retained Earnings | 913,205 | 1,071,644 | 1,232,048 | 1,247,610 |
| NonGAAP | ||||
| EBT | 2,912,870 | 3,124,305 | 3,299,403 | 3,512,629 |
| Net Income | 2,312,996 | 2,503,096 | 2,638,494 | 2,873,816 |
| Retained Earnings | 667,311 | 858,953 | 874,375 | 1,105,202 |
| Ratios & Rates (%) | ||||
| Retention Ratio | 28.9% | 34.3% | 33.1% | 38.5% |
| Payout Ratio | 71.1% | 65.7% | 66.9% | 61.5% |
| Effective Tax Rate | 20.6% | 19.9% | 20.0% | 18.2% |
| Note (CORP-TRN-001): | ||||
| Tax Rate = Corp.IncomeTax / Corp.EBT.NonGAAP. Left blank when EBT is zero or negative (a loss period), since the ratio is undefined and would otherwise be misleading. | ||||
| Source: U.S. Bureau of Economic Analysis (BEA), National Income and Product Accounts (corporate profits/income tables), retrieved via the BEA API. |