Phillips 66PSXNYSE
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R&D Expense Growth Under PressureDecelerating
Percentile Rank0
Year-over-Year Change
Year-over-year research & development expense growth
Latest
-100.00%
↓ 351% vs avg
Percentile
P0
Near historical low
Streak
4 yr
Consecutive declineDecelerating
Average
-22.18%
Historical baseline
| Period | Value |
|---|---|
| 2025 | -100.00% |
| 2024 | -44.44% |
| 2023 | -35.71% |
| 2022 | -10.64% |
| 2021 | -2.08% |
| 2020 | -11.11% |
| 2019 | -1.82% |
| 2018 | -8.33% |
| 2017 | 0.00% |
| 2016 | -7.69% |