A. O. Smith CorporationAOSNYSE
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R&D Expense Growth Under Pressure
Trending lower, slight contraction.
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Year-over-year research & development expense growth
Latest
4.31%
Near historical average
Average (9y)
4.43%
Historical baseline
Range
High:16.73%
Low:-8.19%
CAGR
-7.3%
Structural decline
| Period | Value |
|---|---|
| 2024 | 4.31% |
| 2023 | 9.55% |
| 2022 | -5.52% |
| 2021 | 16.73% |
| 2020 | -8.19% |
| 2019 | -6.49% |
| 2018 | 8.80% |
| 2017 | 7.87% |
| 2016 | 8.68% |
| 2015 | 8.54% |