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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
1.57%
↓ 89% below average
Average (9y)
14.03%
Historical baseline
Range
High:43.77%
Low:-11.08%
CAGR
-22.6%
Structural decline
| Period | Value |
|---|---|
| 2024 | 1.57% |
| 2023 | 8.47% |
| 2022 | -1.14% |
| 2021 | -11.08% |
| 2020 | -8.00% |
| 2019 | 21.30% |
| 2018 | 41.90% |
| 2017 | 27.75% |
| 2016 | 43.77% |
| 2015 | 15.73% |