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Air Products & Chemicals Inc (NYSE:APD)
Research and Development
$132 Mil (TTM As of Sep. 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 Sep. 2016 was $33 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 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 Sep. 2016 was 32.4 (Dec. 2015 ) + 32.7 (Mar. 2016 ) + 34.1 (Jun. 2016 ) + 33.2 (Sep. 2016 ) = $132 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

Air Products & Chemicals Inc Annual Data

Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14Sep15Sep16
Research & Development 140131116115119126134141137132

Air Products & Chemicals Inc Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
Research & Development 34413536333332333433
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