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Gross Profit Growth Recovery in Progress
Trending higher, slight contraction.
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Year-over-year gross profit growth rate
Latest
8.60%
↓ 13% below average
Average (9y)
9.87%
Historical baseline
Range
High:22.26%
Low:-18.71%
CAGR
-7.8%
Structural decline
| Period | Value |
|---|---|
| 2024 | 8.60% |
| 2023 | 4.19% |
| 2022 | -18.71% |
| 2021 | 19.33% |
| 2020 | 15.99% |
| 2019 | 4.42% |
| 2018 | 9.20% |
| 2017 | 22.26% |
| 2016 | 15.51% |
| 2015 | 17.85% |