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Gross Profit Growth Recovery in Progress
Trending higher, below historical average, structural decline.
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Year-over-year gross profit growth rate
Latest
8.94%
↓ 46% below average
Average (9y)
16.56%
Historical baseline
Range
High:54.99%
Low:-33.24%
CAGR
-10.5%
Structural decline
| Period | Value |
|---|---|
| 2024 | 8.94% |
| 2023 | -0.55% |
| 2022 | -33.24% |
| 2021 | -5.81% |
| 2020 | 20.35% |
| 2019 | 1.55% |
| 2018 | 50.00% |
| 2017 | 44.98% |
| 2016 | 54.99% |
| 2015 | 24.38% |