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R&D Expense Growth Under Pressure
Trending lower, structural decline.
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Year-over-year research & development expense growth
Latest
5.26%
Near historical average
Average (9y)
5.33%
Historical baseline
Range
High:24.19%
Low:-13.15%
CAGR
-11.5%
Structural decline
| Period | Value |
|---|---|
| 2024 | 5.26% |
| 2023 | 24.19% |
| 2022 | -13.15% |
| 2021 | 15.32% |
| 2020 | -11.55% |
| 2019 | 11.44% |
| 2018 | 15.31% |
| 2017 | -7.99% |
| 2016 | -1.30% |
| 2015 | 15.81% |