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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
5.23%
↓ 78% below average
Average (9y)
23.42%
Historical baseline
Range
High:39.84%
Low:5.23%
CAGR
-10.9%
Structural decline
| Period | Value |
|---|---|
| 2024 | 5.23% |
| 2023 | 8.81% |
| 2022 | 23.40% |
| 2021 | 35.11% |
| 2020 | 18.72% |
| 2019 | 25.15% |
| 2018 | 39.84% |
| 2017 | 27.06% |
| 2016 | 36.15% |
| 2015 | 14.72% |