Tennant CompanyTNCNYSE
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R&D Expense Growth Accelerating
Trending higher, above historical average, modest growth trend.
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Year-over-year research & development expense growth
Latest
19.67%
↑ 339% above average
Average (9y)
4.48%
Historical baseline
Range
High:19.67%
Low:-7.95%
CAGR
+7.6%
Consistent expansion
| Period | Value |
|---|---|
| 2024 | 19.67% |
| 2023 | 17.68% |
| 2022 | -3.42% |
| 2021 | 6.98% |
| 2020 | -7.95% |
| 2019 | 6.38% |
| 2018 | -3.98% |
| 2017 | -7.84% |
| 2016 | 7.17% |
| 2015 | 10.14% |