AX-PE.TOAX-PE.TOTSX
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SG&A Expense Growth Under PressureDecelerating
Percentile Rank3
Year-over-Year Change

Year-over-year SG&A expense growth

Percentile
P3
Near historical low
vs 5Y Ago
-1x
Contraction
Streak
2 qtr
Consecutive declineDecelerating
PeriodValue
Q3 2025-100.00%
Q2 202510.81%
Q1 2025108.77%
Q4 2024-52.06%
Q3 2024-93.15%
Q2 20242174.96%
Q1 2024131.83%
Q4 2023-43.14%
Q3 2023-30.78%
Q2 202359.32%
Q1 2023330.94%
Q4 2022-137.43%
Q3 2022-22.78%
Q2 2022-32.01%
Q1 202239.91%
Q4 2021-3.96%
Q3 2021-24.52%
Q2 2021-11.46%
Q1 202176.45%
Q4 2020-61.98%
Q3 202098.80%
Q2 2020227.55%
Q1 2020-64.17%
Q4 2019-45.73%
Q3 20191.65%
Q2 2019-0.10%
Q1 201988.33%
Q4 2018-15.44%
Q3 2018-23.16%
Q2 2018-46.61%
Q1 201889.11%
Q4 2017-0.06%
Q3 20170.12%
Q2 2017-11.95%
Q1 201716.94%
Q4 201610.41%
Q3 2016-16.81%
Q2 2016-3.22%
Q1 201617.77%
Q4 201513.23%