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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
2.49%
↓ 78% below average
Average (9y)
11.50%
Historical baseline
Range
High:41.37%
Low:-1.30%
CAGR
-26.8%
Structural decline
| Period | Value |
|---|---|
| 2024 | 2.49% |
| 2023 | 18.49% |
| 2022 | -1.30% |
| 2021 | 15.40% |
| 2020 | 2.08% |
| 2019 | 5.25% |
| 2018 | 1.60% |
| 2017 | 24.59% |
| 2016 | 5.04% |
| 2015 | 41.37% |