US Corporate Profits After Tax

## What this measures

US corporate **profits after tax** (with IVA & CCAdj), in billions of dollars — the bottom-line earnings left after the corporate tax take.

## Why it matters

After-tax profit is what actually funds dividends, buybacks, and reinvestment. Read against pre-tax profits, the gap tracks the effective corporate tax burden; read against GDP, it tracks the profit share of the economy — a long-cycle signal stewards watch for mean reversion.

## Source

BEA NIPA Table 1.12 (series A551RC). Public-domain, refreshed each quarterly release.