3M CompanyMMMNYSE
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R&D Expense Growth Recovery in Progress
Trending higher, below historical average, strong compound growth.
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Year-over-year research & development expense growth
Latest
-4.72%
↓ 22% below average
Average (9y)
-3.87%
Historical baseline
Range
High:7.32%
Low:-39.49%
CAGR
+17.9%
Consistent expansion
| Period | Value |
|---|---|
| 2024 | -4.72% |
| 2023 | -39.49% |
| 2022 | -6.12% |
| 2021 | 6.18% |
| 2020 | -0.64% |
| 2019 | 3.19% |
| 2018 | -2.47% |
| 2017 | 7.32% |
| 2016 | -0.91% |
| 2015 | -1.07% |