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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
2.31%
↓ 49% below average
Average (9y)
4.55%
Historical baseline
Range
High:21.85%
Low:-5.94%
CAGR
-22.1%
Structural decline
| Period | Value |
|---|---|
| 2024 | 2.31% |
| 2023 | -5.19% |
| 2022 | -5.94% |
| 2021 | 12.12% |
| 2020 | -1.15% |
| 2019 | 1.63% |
| 2018 | 5.23% |
| 2017 | 2.18% |
| 2016 | 12.42% |
| 2015 | 21.85% |