United States Corporate Profits

Last Release

Mar 31, 2024

Actual

2,754.5

Units In

USD Billion

2,708.9

Frequency

Quarterly

Next Release

Sep 26, 2024

Time to Release

2 Months 29 Days 6 Hours

Highest	Lowest	Average	Date Range	Source
2,754.5 Mar 2024	14.67 Mar 1951	606.97 USD Billion	1950-2024	U.S. Bureau of Economics Analysis

Corporate profits represents the portion of the total income earned from current production that is accounted for by U.S. corporations. It is one of the most closely watched U.S. economic indicators, as it provides a summary measure of corporate financial health and thus serves as an essential indicator of economic performance.

Latest Updates

Corporate profits in the United States fell by 2.7% from the previous period to $2.726.8 trillion in the first quarter of 2024, compared with preliminary estimate of a smaller 1.7% decrease. Undistributed profits slipped by 11.6% (vs 8.6% reported earlier and 9.5% in Q4), and net cash flow with inventory valuation adjustment dropped by 2.9% (vs 2.9% earlier and 3.5% in Q4). Meanwhile, net dividends rose by 1.8% in Q1, slightly above estimates of 1.7% and after a 1.3% increase in the previous period. Compared to the corresponding period of the previous year, corporate profits rose by 5.3%.