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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
4.14%
↓ 54% below average
Average (9y)
9.02%
Historical baseline
Range
High:61.32%
Low:-24.84%
CAGR
-25.9%
Structural decline
| Period | Value |
|---|---|
| 2024 | 4.14% |
| 2023 | 21.26% |
| 2022 | -1.45% |
| 2021 | 8.63% |
| 2020 | -9.83% |
| 2019 | -3.14% |
| 2018 | 0.13% |
| 2017 | -24.84% |
| 2016 | 33.99% |
| 2015 | 61.32% |