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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
-2.3x
Contraction
Streak
2 qtr
Consecutive declineDecelerating
PeriodValue
Q3 2025-57.62%
Q2 2025-7.38%
Q1 202598.16%
Q4 2024-43.81%
Q3 20244.58%
Q2 2024-12.67%
Q1 2024-11.02%
Q4 202323.12%
Q3 202317.86%
Q2 202315.89%
Q1 2023-34.36%
Q4 202235.03%
Q3 20222.40%
Q2 20227.06%
Q1 2022-32.06%
Q4 202139.19%
Q3 2021-4.35%
Q2 202115.11%
Q1 2021-65.16%
Q4 2020153.37%
Q3 202024.76%
Q2 2020-22.22%
Q1 2020-39.15%
Q4 201920.20%
Q3 2019-10.63%
Q2 20198.76%
Q1 2019-34.82%
Q4 2018177.68%
Q3 2018-16.84%
Q2 201814.04%
Q1 20180.62%
Q4 20171.87%
Q3 2017-1.65%
Q2 2017-3.53%
Q1 20176.39%
Q4 201618.80%
Q3 2016-1.17%
Q2 20162.23%
Q1 2016-12.65%
Q4 201514.03%