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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
3.95%
↓ 75% below average
Average (9y)
15.60%
Historical baseline
Range
High:84.60%
Low:-4.91%
CAGR
-28.9%
Structural decline
| Period | Value |
|---|---|
| 2024 | 3.95% |
| 2023 | -4.91% |
| 2022 | 0.37% |
| 2021 | 7.09% |
| 2020 | 4.69% |
| 2019 | 24.64% |
| 2018 | 33.41% |
| 2017 | -3.75% |
| 2016 | 5.92% |
| 2015 | 84.60% |