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Gross Profit Growth Recovery in Progress
Trending higher, below historical average, slight contraction.
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Year-over-year gross profit growth rate
Latest
8.54%
↓ 19% below average
Average (9y)
10.52%
Historical baseline
Range
High:41.61%
Low:-14.16%
CAGR
-7.7%
Structural decline
| Period | Value |
|---|---|
| 2024 | 8.54% |
| 2023 | 7.40% |
| 2022 | 16.21% |
| 2021 | 41.61% |
| 2020 | -14.16% |
| 2019 | 4.70% |
| 2018 | 8.69% |
| 2017 | 4.03% |
| 2016 | 10.66% |
| 2015 | 17.55% |