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R&D Expense Growth Recovery in Progress
Trending higher, below historical average, structural decline.
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Year-over-year research & development expense growth
Latest
6.20%
↓ 67% below average
Average (9y)
19.04%
Historical baseline
Range
High:49.19%
Low:2.17%
CAGR
-13.3%
Structural decline
| Period | Value |
|---|---|
| 2024 | 6.20% |
| 2023 | 2.17% |
| 2022 | 12.49% |
| 2021 | 15.16% |
| 2020 | 7.28% |
| 2019 | 22.35% |
| 2018 | 27.67% |
| 2017 | 25.55% |
| 2016 | 49.19% |
| 2015 | 22.37% |