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Gross Profit Growth Recovery in Progress
Trending higher, below historical average, structural decline.
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Year-over-year gross profit growth rate
Latest
6.14%
↓ 70% below average
Average (9y)
20.25%
Historical baseline
Range
High:58.23%
Low:-21.65%
CAGR
-12.8%
Structural decline
| Period | Value |
|---|---|
| 2024 | 6.14% |
| 2023 | 1.60% |
| 2022 | 27.41% |
| 2021 | 44.30% |
| 2020 | -21.65% |
| 2019 | 58.23% |
| 2018 | 57.32% |
| 2017 | 3.95% |
| 2016 | 4.21% |
| 2015 | 21.03% |