HMDPFHMDPFOTC
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SG&A Expense Growth Under PressureDecelerating
Percentile Rank8
Year-over-Year Change

Year-over-year SG&A expense growth

Percentile
P8
Near historical low
vs 5Y Ago
-2.2x
Contraction
Streak
1 qtr
Consecutive declineDecelerating
PeriodValue
Q3 2025-16.92%
Q2 202588.49%
Q1 2025-32.09%
Q4 2024-7.01%
Q3 202439.20%
Q2 2024-40.94%
Q1 202420.30%
Q4 202314.78%
Q3 20235.78%
Q2 20238.01%
Q2 20238.70%
Q4 20226.82%
Q3 20228.17%
Q2 20226.83%
Q1 2022-7.40%
Q4 202130.32%
Q3 202111.77%
Q2 20217.06%
Q1 20211.70%
Q4 20200.64%
Q3 20207.63%
Q2 2020-16.42%
Q1 20202.31%
Q4 20190.75%
Q3 20192.47%
Q2 20197.08%
Q1 201924.33%
Q4 2018-20.93%
Q3 20184.76%
Q2 20181.42%
Q1 20181.75%
Q4 20172.32%
Q3 2017-1.68%
Q2 20172.16%
Q1 201710.15%
Q4 2016-1.24%
Q3 2016-6.40%
Q2 20160.97%
Q1 2016-2.91%
Q4 201510.62%