Chart 1
Corporate net income before taxes (seasonally adjusted)

millions of dollars 0 20,000 40,000 60,000 80,000 100,000 120,000 140,000 160,000 180,000 200,000 II 2020 III IV I II 2021 III IV I II 2022 III IV I II 2023 III IV Total industriesTotal industries Total non-financial industriesTotal non-financial industries Total financial industriesTotal financial industries
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Corporate net income before taxes (seasonally adjusted), millions of dollars
  Total industries Total non-financial industries Total financial industries
Second quarter 2020 61,348 37,661 23,687
Third quarter 2020 95,899 63,030 32,869
Fourth quarter 2020 104,280 65,088 39,192
First quarter 2021 145,657 100,075 45,582
Second quarter 2021 155,537 103,150 52,387
Third quarter 2021 157,412 109,115 48,297
Fourth quarter 2021 172,222 121,776 50,446
First quarter 2022 171,101 122,659 48,442
Second quarter 2022 176,025 130,733 45,292
Third quarter 2022 162,554 118,398 44,156
Fourth quarter 2022 175,683 123,182 52,501
First quarter 2023 163,471 121,576 41,895
Second quarter 2023 154,508 115,021 39,487
Third quarter 2023 161,019 116,566 44,453
Fourth quarter 2023 165,445 117,976 47,469
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