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Gross Profit Growth Under Pressure
Trending lower, below historical average.
Left:
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Year-over-year gross profit growth rate
Latest
6.93%
↓ 41% below average
Average (9y)
11.84%
Historical baseline
Range
High:22.41%
Low:0.48%
CAGR
-2.0%
Modest growth trend
| Period | Value |
|---|---|
| 2024 | 6.93% |
| 2023 | 22.41% |
| 2022 | 1.56% |
| 2021 | 0.48% |
| 2020 | 7.90% |
| 2019 | 19.47% |
| 2018 | 15.45% |
| 2017 | 16.17% |
| 2016 | 19.70% |
| 2015 | 8.35% |