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GuruFocus has detected 5 Warning Signs with Esterline Technologies Corp $ESL.
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Esterline Technologies Corp (NYSE:ESL)
Research & Development
$91 Mil (TTM As of Dec. 2016)

This is the expense the company spent on research and development. Esterline Technologies Corp's research and development for the three months ended in Dec. 2016 was $21 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2016 was $91 Mil.


Definition

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

Esterline Technologies Corp Research & Development for the trailing twelve months (TTM) ended in Dec. 2016 was 24.974 (Mar. 2016 ) + 22.211 (Jun. 2016 ) + 23.179 (Sep. 2016 ) + 21.038 (Dec. 2016 ) = $91 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.

Esterline Technologies Corp Annual Data

Oct07Oct08Oct09Oct10Oct11Oct12Oct13Oct14Sep15Sep16
Research & Development 678764709510190999196

Esterline Technologies Corp Quarterly Data

Oct14Jan15Apr15Jul15Sep15Dec15Mar16Jun16Sep16Dec16
Research & Development 23222729132625222321
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