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R&D Expense Growth Under Pressure
Trending lower, below historical average, structural decline.
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Year-over-year research & development expense growth
Latest
2.05%
↓ 67% below average
Average (9y)
6.26%
Historical baseline
Range
High:33.04%
Low:-20.85%
CAGR
-13.9%
Structural decline
| Period | Value |
|---|---|
| 2024 | 2.05% |
| 2023 | 9.43% |
| 2022 | 9.05% |
| 2021 | -10.42% |
| 2020 | 20.39% |
| 2019 | 9.75% |
| 2018 | 33.04% |
| 2017 | -20.85% |
| 2016 | 2.29% |
| 2015 | 7.92% |