Investment has not been held back by low profitabilty: Pre- and post-tax profit rates in the nonfinancial corporate sector, actual compared with 1979–2007 average

Date Pre-tax Post-tax Pre-tax, 1979–2007 avg  Post-tax, 1979–2007 avg 
1979Q1 9.7% 6.7% 9.466% 7.400%
1979Q2 9.3% 6.4% 9.466% 7.400%
1979Q3 8.8% 6.0% 9.466% 7.400%
1979Q4 8.5% 5.9% 9.466% 7.400%
1980Q1 8.2% 5.4% 9.466% 7.400%
1980Q2 7.2% 5.2% 9.466% 7.400%
1980Q3 7.5% 5.3% 9.466% 7.400%
1980Q4 8.2% 5.8% 9.466% 7.400%
1981Q1 8.5% 6.1% 9.466% 7.400%
1981Q2 8.5% 6.4% 9.466% 7.400%
1981Q3 9.1% 6.9% 9.466% 7.400%
1981Q4 8.6% 6.7% 9.466% 7.400%
1982Q1 8.0% 6.5% 9.466% 7.400%
1982Q2 8.3% 6.7% 9.466% 7.400%
1982Q3 8.1% 6.6% 9.466% 7.400%
1982Q4 7.6% 6.3% 9.466% 7.400%
1983Q1 8.0% 6.6% 9.466% 7.400%
1983Q2 8.6% 6.9% 9.466% 7.400%
1983Q3 9.1% 7.1% 9.466% 7.400%
1983Q4 9.5% 7.4% 9.466% 7.400%
1984Q1 10.4% 8.1% 9.466% 7.400%
1984Q2 10.4% 8.1% 9.466% 7.400%
1984Q3 10.2% 8.2% 9.466% 7.400%
1984Q4 10.3% 8.4% 9.466% 7.400%
1985Q1 10.1% 8.2% 9.466% 7.400%
1985Q2 10.0% 8.3% 9.466% 7.400%
1985Q3 10.5% 8.5% 9.466% 7.400%
1985Q4 9.8% 8.0% 9.466% 7.400%
1986Q1 9.7% 7.8% 9.466% 7.400%
1986Q2 9.2% 7.4% 9.466% 7.400%
1986Q3 9.0% 7.1% 9.466% 7.400%
1986Q4 9.0% 6.9% 9.466% 7.400%
1987Q1 9.2% 7.1% 9.466% 7.400%
1987Q2 9.6% 7.3% 9.466% 7.400%
1987Q3 10.0% 7.7% 9.466% 7.400%
1987Q4 9.9% 7.7% 9.466% 7.400%
1988Q1 10.2% 7.9% 9.466% 7.400%
1988Q2 10.2% 7.9% 9.466% 7.400%
1988Q3 10.2% 7.9% 9.466% 7.400%
1988Q4 10.7% 8.3% 9.466% 7.400%
1989Q1 10.1% 7.7% 9.466% 7.400%
1989Q2 9.9% 7.7% 9.466% 7.400%
1989Q3 9.8% 7.8% 9.466% 7.400%
1989Q4 9.4% 7.3% 9.466% 7.400%
1990Q1 9.5% 7.5% 9.466% 7.400%
1990Q2 9.7% 7.7% 9.466% 7.400%
1990Q3 9.2% 7.1% 9.466% 7.400%
1990Q4 9.0% 7.0% 9.466% 7.400%
1991Q1 9.3% 7.3% 9.466% 7.400%
1991Q2 9.1% 7.4% 9.466% 7.400%
1991Q3 8.9% 7.2% 9.466% 7.400%
1991Q4 8.6% 6.9% 9.466% 7.400%
1992Q1 8.6% 6.9% 9.466% 7.400%
1992Q2 8.6% 6.8% 9.466% 7.400%
1992Q3 8.3% 6.5% 9.466% 7.400%
1992Q4 8.7% 6.8% 9.466% 7.400%
1993Q1 8.4% 6.6% 9.466% 7.400%
1993Q2 8.8% 6.8% 9.466% 7.400%
1993Q3 8.8% 7.0% 9.466% 7.400%
1993Q4 9.4% 7.3% 9.466% 7.400%
1994Q1 9.6% 7.5% 9.466% 7.400%
1994Q2 9.9% 7.7% 9.466% 7.400%
1994Q3 10.1% 7.8% 9.466% 7.400%
1994Q4 10.5% 8.0% 9.466% 7.400%
1995Q1 10.1% 7.8% 9.466% 7.400%
1995Q2 10.1% 7.9% 9.466% 7.400%
1995Q3 10.6% 8.3% 9.466% 7.400%
1995Q4 10.5% 8.3% 9.466% 7.400%
1996Q1 10.8% 8.5% 9.466% 7.400%
1996Q2 10.8% 8.4% 9.466% 7.400%
1996Q3 10.7% 8.4% 9.466% 7.400%
1996Q4 10.9% 8.5% 9.466% 7.400%
1997Q1 11.0% 8.7% 9.466% 7.400%
1997Q2 11.0% 8.6% 9.466% 7.400%
1997Q3 11.4% 8.9% 9.466% 7.400%
1997Q4 11.0% 8.7% 9.466% 7.400%
1998Q1 10.2% 8.0% 9.466% 7.400%
1998Q2 10.2% 8.0% 9.466% 7.400%
1998Q3 10.4% 8.2% 9.466% 7.400%
1998Q4 10.1% 8.0% 9.466% 7.400%
1999Q1 10.2% 7.9% 9.466% 7.400%
1999Q2 10.1% 7.8% 9.466% 7.400%
1999Q3 9.6% 7.4% 9.466% 7.400%
1999Q4 9.4% 7.1% 9.466% 7.400%
2000Q1 9.2% 7.0% 9.466% 7.400%
2000Q2 9.2% 7.0% 9.466% 7.400%
2000Q3 8.9% 6.9% 9.466% 7.400%
2000Q4 8.3% 6.4% 9.466% 7.400%
2001Q1 7.4% 5.9% 9.466% 7.400%
2001Q2 8.1% 6.7% 9.466% 7.400%
2001Q3 8.1% 6.8% 9.466% 7.400%
2001Q4 7.3% 6.3% 9.466% 7.400%
2002Q1 8.1% 7.1% 9.466% 7.400%
2002Q2 8.1% 7.0% 9.466% 7.400%
2002Q3 8.1% 7.0% 9.466% 7.400%
2002Q4 8.6% 7.4% 9.466% 7.400%
2003Q1 8.6% 7.2% 9.466% 7.400%
2003Q2 8.8% 7.5% 9.466% 7.400%
2003Q3 9.0% 7.6% 9.466% 7.400%
2003Q4 9.0% 7.4% 9.466% 7.400%
2004Q1 9.5% 7.8% 9.466% 7.400%
2004Q2 9.7% 7.8% 9.466% 7.400%
2004Q3 9.9% 7.9% 9.466% 7.400%
2004Q4 9.6% 7.7% 9.466% 7.400%
2005Q1 10.1% 7.6% 9.466% 7.400%
2005Q2 10.5% 8.0% 9.466% 7.400%
2005Q3 9.9% 7.6% 9.466% 7.400%
2005Q4 10.9% 8.2% 9.466% 7.400%
2006Q1 10.9% 8.3% 9.466% 7.400%
2006Q2 10.8% 8.1% 9.466% 7.400%
2006Q3 11.4% 8.6% 9.466% 7.400%
2006Q4 10.7% 8.2% 9.466% 7.400%
2007Q1 10.4% 7.8% 9.466% 7.400%
2007Q2 10.6% 8.1% 9.466% 7.400%
2007Q3 9.6% 7.3% 9.466% 7.400%
2007Q4 9.5% 7.3% 9.466% 7.400%
2008Q1 9.0% 7.0% 9.466% 7.400%
2008Q2 9.1% 7.1% 9.466% 7.400%
2008Q3 10.2% 8.1% 9.466% 7.400%
2008Q4 9.1% 7.9% 9.466% 7.400%
2009Q1 8.6% 7.2% 9.466% 7.400%
2009Q2 8.2% 6.9% 9.466% 7.400%
2009Q3 8.4% 7.0% 9.466% 7.400%
2009Q4 9.4% 7.7% 9.466% 7.400%
2010Q1 10.1% 8.5% 9.466% 7.400%
2010Q2 10.3% 8.6% 9.466% 7.400%
2010Q3 11.0% 9.2% 9.466% 7.400%
2010Q4 10.6% 8.9% 9.466% 7.400%
2011Q1 9.8% 8.2% 9.466% 7.400%
2011Q2 10.7% 9.0% 9.466% 7.400%
2011Q3 10.9% 9.1% 9.466% 7.400%
2011Q4 11.1% 9.4% 9.466% 7.400%
2012Q1 11.2% 9.3% 9.466% 7.400%
2012Q2 11.3% 9.4% 9.466% 7.400%
2012Q3 11.0% 9.1% 9.466% 7.400%
2012Q4 11.1% 9.1% 9.466% 7.400%
2013Q1 11.4% 9.4% 9.466% 7.400%
2013Q2 11.3% 9.3% 9.466% 7.400%
2013Q3 11.1% 9.1% 9.466% 7.400%
2013Q4 11.1% 9.1% 9.466% 7.400%
2014Q1 10.6% 8.6% 9.466% 7.400%
2014Q2 11.4% 9.2% 9.466% 7.400%
2014Q3 11.9% 9.7% 9.466% 7.400%
2014Q4 11.8% 9.7% 9.466% 7.400%
2015Q1 11.5% 9.3% 9.466% 7.400%
2015Q2 11.1% 8.9% 9.466% 7.400%
2015Q3 11.1% 9.1% 9.466% 7.400%
2015Q4 10.7% 8.9% 9.466% 7.400%
2016Q1 10.7% 8.6% 9.466% 7.400%
2016Q2 10.3% 8.2% 9.466% 7.400%
2016Q3 10.8% 8.6% 9.466% 7.400%

Note: Profit rate is calculated by dividing net operating surplus by the current stock of fixed assets for the nonfinancial corporate sector.

Source:  Bureau of Economic Analysis (BEA) National Income and Product Accounts (NIPA) table 1.14 and BEA Fixed Assets table 4.1

View the underlying data on epi.org.