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R&D Expense Growth Under Pressure
Trending lower, above historical average, structural decline.
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Year-over-year research & development expense growth
Latest
4.82%
↑ 17% above average
Average (9y)
4.12%
Historical baseline
Range
High:17.69%
Low:-16.51%
CAGR
-10.3%
Structural decline
| Period | Value |
|---|---|
| 2024 | 4.82% |
| 2023 | 11.18% |
| 2022 | 17.69% |
| 2021 | 10.18% |
| 2020 | -16.51% |
| 2019 | -1.67% |
| 2018 | -3.01% |
| 2017 | 3.02% |
| 2016 | 2.70% |
| 2015 | 12.80% |