Corporate profits in the United States rose by 1.6% from the previous quarter to $2.367 trillion in the second quarter of 2023, surprising markets that expected a 5.9% decline, and rebounding from a 5.9% drop in the previous three-month period. Undistributed profits jumped by 3.2% to $699.6 billion in the period, trimming the 17.5% plunge in the quarter ending March, while net cash flow with inventory valuation adjustment rose by 1.9% to $3.187 trillion, bouncing back from the 0.9% decrease in the first quarter. On an annual basis, quarterly profits sank by 6.2%. source: U.S. Bureau of Economics Analysis

Corporate Profits in the United States averaged 592.57 USD Billion from 1950 until 2023, reaching an all time high of 2542.97 USD Billion in the third quarter of 2022 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 August of 2023.

Corporate Profits in the United States is expected to be 1900.00 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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United States Corporate Profits



Calendar GMT Reference Actual Previous Consensus TEForecast
2023-06-29 12:30 PM Corporate Profits QoQ Final Q1 -5.9% -2.7% -6.8% -6.8%
2023-08-30 12:30 PM Corporate Profits QoQ Prel Q2 1.6% -5.9% -5.9% -5%
2023-09-28 12:30 PM Corporate Profits QoQ Final Q2 -5.9% 1.6%


Related Last Previous Unit Reference
Corporate Profits 2367.20 2329.33 USD Billion Jun 2023

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
2367.20 2329.33 2542.97 14.67 1950 - 2023 USD Billion Quarterly
Current Prices, SA

News Stream
US Corporate Profits Unexpectedly Rise in Q2
Corporate profits in the United States rose by 1.6% from the previous quarter to $2.367 trillion in the second quarter of 2023, surprising markets that expected a 5.9% decline, and rebounding from a 5.9% drop in the previous three-month period. Undistributed profits jumped by 3.2% to $699.6 billion in the period, trimming the 17.5% plunge in the quarter ending March, while net cash flow with inventory valuation adjustment rose by 1.9% to $3.187 trillion, bouncing back from the 0.9% decrease in the first quarter. On an annual basis, quarterly profits sank by 6.2%.
2023-08-30
US Corporate Profits Fall the Most Since Q4 2020
Corporate profits in the United States declined by 5.9 percent to USD 2.329 trillion in the first quarter of 2023, slightly less than the previously estimated 6.8 percent slump, and compared with a 2.7 percent decline in the previous three-month period. This marked the sharpest decrease in corporate profits since the last quarter of 2020, a result of the unprecedented policy tightening by the Federal Reserve. Undistributed profits tumbled 17.5 percent to USD 0.678 trillion and net cash flow with inventory valuation adjustment, the internal funds available to corporations for investment, dropped 0.6 percent to USD 3.127 trillion. In addition, net dividends fell 0.1 percent to USD 1.652 trillion.
2023-06-29
US Corporate Profits Sink 6.8% in Q1
Corporate profits in the United States tumbled 6.8 percent to USD 2.307 trillion in the first quarter of 2023, the lowest since Q2 of 2021, much more than market expectations of a 0.9 percent decrease and following a 2.7 percent fall in the previous period, a preliminary estimate showed. It was the largest decrease in corporate profits since Q1 2020 when they slipped 7.4 percent. Net cash flow with inventory valuation adjustment, the internal funds available to corporations for investment, decreased 1.5 percent to USD 3.099 trillion and undistributed profits slumped 20.6 percent to USD 0.652 trillion while net dividends were unchanged at USD 1.655 trillion.
2023-05-25