This report is one of a series on the adjustments we make to convert GAAP data to economic earnings. Reported earnings don’t tell the whole story of a company’s profits. They are based on ...

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Explore the differences between gross and operating profit margins, vital for understanding a company's profitability and aiding informed investment decisions.

* Revenues include non-operating revenues that support operating expenses. ** Excludes depreciation and non-operating expenses. *** Includes activities and areas that do not receive any state support.