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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
10.94%
↓ 34% below average
Average (9y)
16.60%
Historical baseline
Range
High:86.80%
Low:-13.76%
CAGR
-9.2%
Structural decline
| Period | Value |
|---|---|
| 2024 | 10.94% |
| 2023 | 3.74% |
| 2022 | 30.06% |
| 2021 | 24.78% |
| 2020 | -2.71% |
| 2019 | 0.34% |
| 2018 | -13.76% |
| 2017 | 86.80% |
| 2016 | -0.21% |
| 2015 | 25.98% |