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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 2Y Ago
-2.5x
Contraction
Streak
1 qtr
Consecutive declineDecelerating
PeriodValue
Q4 2025-100.00%
Q3 20250.00%
Q2 2025-100.00%
Q1 202523.06%
Q4 202461.49%
Q3 2024-19.76%
Q2 2024142.22%
Q1 202452.82%
Q4 202340.23%
Q3 2023185.86%
Q2 2023-187.50%
Q1 202327.08%
Q4 2022-42.67%
Q3 2022-33.00%
Q2 20225.27%
Q1 202282.22%
Q4 202134.66%
Q3 2021-24.78%
Q2 202170.12%
Q1 202123.54%
Q4 2020-0.54%
Q3 2020-62.87%
Q2 202092.87%
Q1 202035.27%
Q4 201936.14%
Q3 201944.19%
Q2 2019-21.64%
Q1 20199.14%
Q4 2018-0.19%
Q3 2018-67.22%
Q2 201892.88%
Q1 201862.03%
Q4 2017-27.81%
Q3 2017-24.13%
Q2 2017133.30%
Q1 201741.73%
Q4 2016-65.59%
Q3 2016155.35%
Q2 2016-68.18%
Q1 2016-14.62%