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Gross Profit Growth Under Pressure
Trending lower, below historical average, slight contraction.
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Year-over-year gross profit growth rate
Latest
9.97%
↓ 22% below average
Average (9y)
12.78%
Historical baseline
Range
High:20.04%
Low:5.99%
CAGR
-7.5%
Structural decline
| Period | Value |
|---|---|
| 2024 | 9.97% |
| 2023 | 15.20% |
| 2022 | 13.24% |
| 2021 | 14.72% |
| 2020 | 5.99% |
| 2019 | 9.98% |
| 2018 | 10.18% |
| 2017 | 10.38% |
| 2016 | 18.06% |
| 2015 | 20.04% |