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SG&A Expenses Over TimeExpanding
Percentile Rank100
3Y CAGR+9.2%
5Y CAGR+7.0%
Studio
Year-over-Year Change

Selling, general, and administrative expenses

3Y CAGR
+9.2%/yr
vs +6.2%/yr prior
5Y CAGR
+7.0%/yr
Consistent
Acceleration
+3.1pp
Accelerating
Percentile
P100
Near historical high
vs 5Y Ago
1.4x
Solid growth
Streak
5 yr
Consecutive growthExpanding
PeriodValueYoY Change
2025$26.14B+16.0%
2024$22.55B+4.8%
2023$21.52B+7.2%
2022$20.07B+6.3%
2021$18.87B+1.2%
2020$18.65B-0.4%
2019$18.72B+18.5%
2018$15.80B+6.1%
2017$14.89B+2.1%
2016$14.59B-