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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
0.82%
↓ 94% below average
Average (9y)
13.98%
Historical baseline
Range
High:40.02%
Low:-0.80%
CAGR
-28.7%
Structural decline
| Period | Value |
|---|---|
| 2024 | 0.82% |
| 2023 | -0.12% |
| 2022 | -0.80% |
| 2021 | 15.57% |
| 2020 | 33.02% |
| 2019 | 2.99% |
| 2018 | 15.60% |
| 2017 | 40.02% |
| 2016 | 15.56% |
| 2015 | 17.12% |