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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
5.38%
↓ 21% below average
Average (9y)
6.76%
Historical baseline
Range
High:19.43%
Low:-0.05%
CAGR
-13.3%
Structural decline
| Period | Value |
|---|---|
| 2024 | 5.38% |
| 2023 | -0.05% |
| 2022 | 0.01% |
| 2021 | 3.00% |
| 2020 | 1.92% |
| 2019 | 13.52% |
| 2018 | 10.11% |
| 2017 | 5.34% |
| 2016 | 9.00% |
| 2015 | 19.43% |