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Gross Profit Growth Accelerating
Trending higher, above historical average, structural decline.
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Year-over-year gross profit growth rate
Latest
3.42%
↑ 27% above average
Average (9y)
2.69%
Historical baseline
Range
High:21.15%
Low:-38.74%
CAGR
-14.2%
Structural decline
| Period | Value |
|---|---|
| 2024 | 3.42% |
| 2023 | -9.31% |
| 2022 | -38.74% |
| 2021 | 21.15% |
| 2020 | 19.20% |
| 2019 | 7.46% |
| 2018 | -2.66% |
| 2017 | 14.12% |
| 2016 | -1.28% |
| 2015 | 13.55% |