Illinois Tool Works Inc.ITWNYSE
LOADING
|||
R&D Expense Growth Under Pressure
Trending lower.
Left:
||||
Year-over-year research & development expense growth
Latest
2.82%
Near historical average
Average (9y)
2.71%
Historical baseline
Range
High:12.55%
Low:-5.15%
CAGR
NaN%
Modest growth trend
| Period | Value |
|---|---|
| 2024 | 2.82% |
| 2023 | 5.58% |
| 2022 | 12.55% |
| 2021 | 11.68% |
| 2020 | -3.17% |
| 2019 | -5.15% |
| 2018 | 3.56% |
| 2017 | 0.90% |
| 2016 | 2.29% |
| 2015 | -3.96% |