Cummins Inc.CMINYSE
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R&D Expense Growth Under Pressure
Trending lower, below historical average.
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Year-over-year research & development expense growth
Latest
-2.47%
↓ 132% below average
Average (9y)
7.61%
Historical baseline
Range
High:20.31%
Low:-13.47%
CAGR
-0.2%
Modest growth trend
| Period | Value |
|---|---|
| 2024 | -2.47% |
| 2023 | 17.37% |
| 2022 | 17.25% |
| 2021 | 20.31% |
| 2020 | -9.49% |
| 2019 | 10.98% |
| 2018 | 19.95% |
| 2017 | 18.24% |
| 2016 | -13.47% |
| 2015 | -2.52% |