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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
4.81%
↓ 26% below average
Average (9y)
6.51%
Historical baseline
Range
High:15.29%
Low:-6.37%
CAGR
-9.2%
Structural decline
| Period | Value |
|---|---|
| 2024 | 4.81% |
| 2023 | 3.39% |
| 2022 | -6.37% |
| 2021 | 4.46% |
| 2020 | 0.93% |
| 2019 | 9.78% |
| 2018 | 15.29% |
| 2017 | 7.33% |
| 2016 | 14.08% |
| 2015 | 11.40% |