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Air Products & Chemicals Inc (NYSE:APD)
Research and Development
$132 Mil (TTM As of Mar. 2016)

This is the expense the company spent on research and development. Air Products & Chemicals Inc's research and development for the three months ended in Mar. 2016 was $33 Mil. Its research and development for the trailing twelve months (TTM) ended in Mar. 2016 was $132 Mil.


Definition

This is the expense the company spent on research and development.

Air Products & Chemicals Inc Research & Development for the trailing twelve months (TTM) ended in Mar. 2016 was 33.8 (Jun. 2015 ) + 33.3 (Sep. 2015 ) + 32.4 (Dec. 2015 ) + 32.7 (Mar. 2016 ) = $132 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.


Related Terms

Gross Profit


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Air Products & Chemicals Inc Annual Data

Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14Sep15
Research & Development 151140131116115119126134141139

Air Products & Chemicals Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
Research & Development 34333441353634333233
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