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Air Products & Chemicals Inc (NYSE:APD)
Research and Development
$135 Mil (TTM As of Jun. 2014)

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 Jun. 2014 was $34 Mil. Its research and development for the trailing twelve months (TTM) ended in Jun. 2014 was $135 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 Jun. 2014 was 34.6 (Sep. 2013 ) + 33.5 (Dec. 2013 ) + 33.2 (Mar. 2014 ) + 33.8 (Jun. 2014 ) = $135 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

Sep04Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13
Research & Development 126132151129131116115119126134

Air Products & Chemicals Inc Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
Research & Development 30333633323435343334
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