5351.TWO5351.TWOTWO
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SG&A Expense Growth Under PressureDecelerating
Percentile Rank8
Studio
Year-over-Year Change

Year-over-year SG&A expense growth

Percentile
P8
Near historical low
vs 5Y Ago
-1x
Contraction
Streak
2 qtr
Consecutive declineDecelerating
PeriodValue
Q4 2025-17.35%
Q3 2025-0.19%
Q2 20252.20%
Q1 2025-9.58%
Q4 2024-0.77%
Q3 20245.23%
Q2 20248.84%
Q1 2024-4.06%
Q4 20237.39%
Q3 2023-8.27%
Q2 20232.03%
Q1 20230.64%
Q4 202211.77%
Q3 2022-25.50%
Q2 2022-0.83%
Q1 2022-15.72%
Q4 202128.77%
Q3 202143.57%
Q2 2021-2.03%
Q1 2021-6.67%
Q4 202017.67%
Q3 2020-6.24%
Q2 2020-3.25%
Q1 2020-5.83%
Q4 2019-14.45%
Q3 2019-3.97%
Q2 2019-4.33%
Q1 2019-26.67%
Q4 201856.57%
Q3 2018-19.16%
Q2 2018-6.04%
Q1 2018-5.32%
Q4 201717.66%
Q3 2017-12.24%
Q2 20173.25%
Q1 2017-2.42%
Q4 20169.97%
Q3 201614.98%
Q2 2016-14.60%
Q1 2016-3.71%