Stats › Valuation › Corporate profits
US corporate profits and GDP
Somebody has to keep score of what American companies actually earn, and in the United States that somebody is the Bureau of Economic Analysis. It counts profits across the whole corporate sector as part of the national accounts, then publishes them alongside the size of the economy. Put one over the other and you get a single number: how much of everything the country produces is landing as corporate profit.
This page has that ratio going back to 1947, the levels behind it, and the part almost everyone skips, which is that the same BEA release contains three different corporate profits numbers that differ by hundreds of billions of dollars. It also explains why this data does not line up with S&P 500 earnings, because those two get compared constantly and they measure different companies on different rules.
I built it as a reference you can check a claim against. When you see a headline saying profits are at a record share of the economy, or that margins have to come back down, the numbers here let you ask which series they used and which baseline they compared it to. Every figure is computed from published series that are linked below with their release dates. Where I've divided two series myself rather than quoting a published one, the page says so, and you can redo the division yourself in a minute.
US after tax corporate profits ran at $3,623.7 billion a year in the first quarter of 2026 against nominal GDP of $31,865.7 billion, a ratio of 11.4%. The annual series back to 1947 averages 7.4%, and it has structurally re-rated: the mean was 6.3% from 1947 to 2000 and 9.9% from 2001 to 2025. The trap in this data is that the same Bureau of Economic Analysis release contains three different corporate profits numbers that differ by hundreds of billions of dollars, and a citation that does not say which one it used is unusable.
Members only
The rest of this page is for members
Below this point there are 8 sections, 1 chart and 3 named sources, roughly 1600 words of it. Every figure carries the source it came from and the date the data is from.
You can keep browsing every statistic in the library for free. The intro and the summary are always open.