RAY-A.TORAY-A.TOTSX
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SG&A Expense Growth Under PressureDecelerating
Percentile Rank72
3Y CAGR+35.2%
5Y CAGR-12.4%
Studio
Year-over-Year Change

Year-over-year SG&A expense growth

3Y CAGR
+35.2%/yr
vs +19.5%/yr prior
5Y CAGR
-12.4%/yr
Recent acceleration
Acceleration
+15.6pp
Accelerating
Percentile
P72
Within normal range
vs 5Y Ago
0.5x
Contraction
Streak
1 qtr
Consecutive declineDecelerating
PeriodValue
Q4 2025103.55%
Q3 20252965.22%
Q2 2025-96.59%
Q1 202596.79%
Q4 202475.13%
Q3 202431.91%
Q2 2024-87.18%
Q1 20241590.13%
Q4 2023-162.30%
Q3 2023110.07%
Q2 2023-242.56%
Q1 2023369.55%
Q4 202241.94%
Q3 2022223.14%
Q2 2022-90.89%
Q1 20221214.85%
Q4 202118.82%
Q3 2021-91.42%
Q2 2021133.73%
Q1 2021-42.31%
Q4 2020201.23%
Q3 2020131.28%
Q2 202060.10%
Q1 2020-110.59%
Q4 20191004.61%
Q3 201923.49%
Q2 2019111.69%
Q1 2019-207.99%
Q4 201813.38%
Q3 2018-3.12%
Q2 2018-13.12%
Q1 20186.35%
Q4 2017-23.71%
Q3 201752.92%
Q2 2017-6.45%
Q1 201724.66%
Q4 20165.08%
Q3 201613.75%
Q2 2016-12.43%
Q1 20168.98%