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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
3.12%
↓ 42% below average
Average (9y)
5.38%
Historical baseline
Range
High:21.07%
Low:-14.00%
CAGR
-15.9%
Structural decline
PeriodValue
20243.12%
2023-12.77%
202217.11%
202115.64%
2020-14.00%
201921.07%
20184.14%
20172.93%
20161.78%
201514.82%