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R&D Expense Growth Under Pressure
Trending lower, strong compound growth.
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Year-over-year research & development expense growth
Latest
7.27%
↓ 12% below average
Average (9y)
8.23%
Historical baseline
Range
High:13.01%
Low:0.86%
CAGR
+21.3%
Consistent expansion
| Period | Value |
|---|---|
| 2024 | 7.27% |
| 2023 | 11.06% |
| 2022 | 13.01% |
| 2021 | 12.59% |
| 2020 | 11.33% |
| 2019 | 11.50% |
| 2018 | 5.75% |
| 2017 | 7.62% |
| 2016 | 0.86% |
| 2015 | 1.28% |