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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
4.01%
↓ 89% below average
Average (9y)
37.11%
Historical baseline
Range
High:202.91%
Low:4.01%
CAGR
-22.7%
Structural decline
| Period | Value |
|---|---|
| 2024 | 4.01% |
| 2023 | 6.09% |
| 2022 | 5.91% |
| 2021 | 22.80% |
| 2020 | 4.83% |
| 2019 | 19.67% |
| 2018 | 36.29% |
| 2017 | 202.91% |
| 2016 | 28.13% |
| 2015 | 40.48% |