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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
6.48%
↓ 36% below average
Average (9y)
10.15%
Historical baseline
Range
High:23.36%
Low:-6.01%
CAGR
-13.3%
Structural decline
| Period | Value |
|---|---|
| 2024 | 6.48% |
| 2023 | 5.26% |
| 2022 | -5.91% |
| 2021 | -6.01% |
| 2020 | 21.76% |
| 2019 | 11.35% |
| 2018 | 13.78% |
| 2017 | 16.43% |
| 2016 | 15.01% |
| 2015 | 23.36% |