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Gross Profit Growth Recovery in Progress
Trending higher, below historical average, slight contraction.
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Year-over-year gross profit growth rate
Latest
8.13%
↓ 39% below average
Average (9y)
13.36%
Historical baseline
Range
High:35.53%
Low:-3.60%
CAGR
-8.8%
Structural decline
| Period | Value |
|---|---|
| 2024 | 8.13% |
| 2023 | 4.00% |
| 2022 | 8.51% |
| 2021 | -3.60% |
| 2020 | 12.40% |
| 2019 | 10.99% |
| 2018 | 11.63% |
| 2017 | 35.53% |
| 2016 | 27.30% |
| 2015 | 18.72% |