MS-PPMS-PPNYSE
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SG&A Expense Growth Under PressureDecelerating
Percentile Rank0
Year-over-Year Change

Year-over-year SG&A expense growth

Percentile
P0
Near historical low
vs 5Y Ago
-11x
Contraction
Streak
1 qtr
Consecutive declineDecelerating
PeriodValue
Q4 2025-95.36%
Q3 20253.14%
Q2 2025-1.68%
Q1 202515.94%
Q4 2024-5.59%
Q3 20243.76%
Q2 2024-3.01%
Q1 202418.74%
Q4 2023-4.96%
Q3 2023-5.72%
Q2 2023-2.39%
Q1 202313.43%
Q4 20220.69%
Q3 20221.02%
Q2 2022-10.53%
Q1 202215.37%
Q4 2021-7.85%
Q3 2021-7.66%
Q2 2021-4.95%
Q1 202123.17%
Q4 20208.66%
Q3 2020-15.32%
Q2 202038.12%
Q1 2020-18.66%
Q4 201918.41%
Q3 2019-2.32%
Q2 2019-2.07%
Q1 201919.59%
Q4 2018-10.20%
Q3 2018-7.04%
Q2 2018-5.03%
Q1 201813.09%
Q4 20174.00%
Q3 2017-2.50%
Q2 2017-4.24%
Q1 20178.23%
Q4 20160.59%
Q3 20161.39%
Q2 20169.22%
Q1 2016-0.70%