Balchem CorporationBCPCNASDAQ
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R&D Expense Growth Under Pressure
Trending lower, below historical average, slight contraction.
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Year-over-year research & development expense growth
Latest
11.59%
↓ 19% below average
Average (9y)
14.35%
Historical baseline
Range
High:30.89%
Low:-9.86%
CAGR
-8.0%
Structural decline
| Period | Value |
|---|---|
| 2024 | 11.59% |
| 2023 | 23.44% |
| 2022 | -9.86% |
| 2021 | 30.89% |
| 2020 | -9.19% |
| 2019 | -1.85% |
| 2018 | 24.58% |
| 2017 | 27.03% |
| 2016 | 22.29% |
| 2015 | 24.53% |