IDEXX Laboratories, Inc.IDXXNASDAQ
LOADING
|||
R&D Expense Growth Accelerating
Trending higher, above historical average, strong compound growth.
Left:
||||
Year-over-year research & development expense growth
Latest
15.10%
↑ 51% above average
Average (9y)
10.02%
Historical baseline
Range
High:58.26%
Low:-25.06%
CAGR
+29.8%
Consistent expansion
| Period | Value |
|---|---|
| 2024 | 15.10% |
| 2023 | -25.06% |
| 2022 | 58.26% |
| 2021 | 13.99% |
| 2020 | 6.05% |
| 2019 | 13.01% |
| 2018 | 7.95% |
| 2017 | 7.97% |
| 2016 | 1.45% |
| 2015 | 1.44% |