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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
1.32%
↓ 90% below average
Average (9y)
13.66%
Historical baseline
Range
High:31.59%
Low:-5.40%
CAGR
-21.5%
Structural decline
| Period | Value |
|---|---|
| 2024 | 1.32% |
| 2023 | -5.40% |
| 2022 | 2.33% |
| 2021 | 23.46% |
| 2020 | 30.37% |
| 2019 | 15.11% |
| 2018 | 31.59% |
| 2017 | 11.84% |
| 2016 | 14.27% |
| 2015 | 11.71% |