Corporate profits in the United States fell by 1.7% from the previous period to $2.754.5 trillion in the first quarter of 2024, following a 3.9% increase in Q4 and missing forecasts of a 3.9% rise. Undistributed profits slipped by 8.6% (vs 9.5% in Q4), and net cash flow with inventory valuation adjustment dropped by 2.2% (vs 3.5%). Meanwhile, net dividends rose by 1.7% in Q1, after a 1.3% increase in the previous period. Compared to the corresponding period of the previous year, corporate profits rose by 6.4%. source: U.S. Bureau of Economics Analysis

Corporate Profits in the United States decreased to 2754.50 USD Billion in the first quarter of 2024 from 2803.20 USD Billion in the fourth quarter of 2023. Corporate Profits in the United States averaged 638.97 USD Billion from 1950 until 2024, reaching an all time high of 2803.20 USD Billion in the fourth quarter of 2023 and a record low of 14.67 USD Billion in the first quarter of 1951. This page provides the latest reported value for - United States Corporate Profits - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Corporate Profits - data, historical chart, forecasts and calendar of releases - was last updated on June of 2024.

Corporate Profits in the United States decreased to 2754.50 USD Billion in the first quarter of 2024 from 2803.20 USD Billion in the fourth quarter of 2023. Corporate Profits in the United States is expected to be 2300.00 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations.



Calendar GMT Reference Actual Previous Consensus TEForecast
2024-03-28 12:30 PM Corporate Profits QoQ Q4 3.9% 3.7% 3.3%
2024-05-30 12:30 PM Corporate Profits QoQ Prel Q1 -1.7% 3.9% 3.9% 4.0%
2024-06-27 12:30 PM Corporate Profits QoQ Final Q1 3.9% -1.7% -1.7%


Related Last Previous Unit Reference
Corporate Profits 2754.50 2803.20 USD Billion Mar 2024
Philadelphia Fed Manufacturing Index 4.50 15.50 points May 2024
Philly Fed Business Conditions 32.40 34.30 points May 2024
Philly Fed CAPEX Index 20.10 20.00 points May 2024
Philly Fed Employment -7.90 -10.70 points May 2024
Philly Fed New Orders -7.90 12.20 points May 2024
Philly Fed Prices Paid 18.70 23.00 points May 2024

United States Corporate Profits
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.
Actual Previous Highest Lowest Dates Unit Frequency
2754.50 2803.20 2803.20 14.67 1950 - 2024 USD Billion Quarterly
Current Prices, SA


News Stream
US Corporate Profits Unexpectedly Drop in Q1
Corporate profits in the United States fell by 1.7% from the previous period to $2.754.5 trillion in the first quarter of 2024, following a 3.9% increase in Q4 and missing forecasts of a 3.9% rise. Undistributed profits slipped by 8.6% (vs 9.5% in Q4), and net cash flow with inventory valuation adjustment dropped by 2.2% (vs 3.5%). Meanwhile, net dividends rose by 1.7% in Q1, after a 1.3% increase in the previous period. Compared to the corresponding period of the previous year, corporate profits rose by 6.4%.
2024-05-30
US Corporate Profits Growth Accelerates to 3.9% in Q4
Corporate profits in the United States rose by 3.9% from the previous period to $2.803 trillion in the fourth quarter of 2023, following a 3.7% increase in Q3. Net dividends rose by 1.3%, rebounding from a 1 percent fall in the previous period. Undistributed profits soared by 9.5% (vs 15.3% in Q3), and net cash flow with inventory valuation adjustment rose by 3.5% (vs 4.4%). Compared to the corresponding period of the previous year, corporate profits rose by 3.8%.
2024-03-28
US Corporate Profits Revised Lower in Q3
Corporate profits in the United States rose by 3.7% from the previous period to $2.698 trillion in the third quarter of 2023, less than preliminary estimates of a 4.1% surge. Undistributed profits soared by 15.3% (vs 16.7% in the preliminary reading), and net cash flow with inventory valuation adjustment rose by 4.4% (vs 4.8% earlier reported). On the other hand, net dividends fell by 1%. Compared to the corresponding period of the previous year, corporate profits fell by 2.1%, more than preliminary estimates of a 1.7% decrease.
2023-12-21