Flowserve CorporationFLSNYSE
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R&D Expense Growth Accelerating
Trending higher, above historical average, strong compound growth.
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Year-over-year research & development expense growth
Latest
43.53%
↑ 547% above average
Average (9y)
6.73%
Historical baseline
Range
High:43.53%
Low:-14.05%
CAGR
+15.2%
Consistent expansion
| Period | Value |
|---|---|
| 2024 | 43.53% |
| 2023 | 22.06% |
| 2022 | 16.67% |
| 2021 | -5.26% |
| 2020 | -14.05% |
| 2019 | 6.06% |
| 2018 | 2.59% |
| 2017 | -9.81% |
| 2016 | -6.75% |
| 2015 | 12.22% |