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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
2.96%
↓ 66% below average
Average (9y)
8.62%
Historical baseline
Range
High:23.89%
Low:2.16%
CAGR
-20.7%
Structural decline
| Period | Value |
|---|---|
| 2024 | 2.96% |
| 2023 | 2.16% |
| 2022 | 11.06% |
| 2021 | 5.18% |
| 2020 | 7.35% |
| 2019 | 10.76% |
| 2018 | 10.20% |
| 2017 | 3.74% |
| 2016 | 8.94% |
| 2015 | 23.89% |