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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
0.29%
↓ 98% below average
Average (9y)
13.93%
Historical baseline
Range
High:23.37%
Low:0.29%
CAGR
-37.6%
Structural decline
| Period | Value |
|---|---|
| 2024 | 0.29% |
| 2023 | 12.09% |
| 2022 | 7.55% |
| 2021 | 23.37% |
| 2020 | 8.49% |
| 2019 | 17.92% |
| 2018 | 17.16% |
| 2017 | 15.67% |
| 2016 | 16.84% |
| 2015 | 19.90% |