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This is the expense the company spent on research and development. FMC Corp's research and development for the three months ended in Sep. 2016 was $32 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2016 was $144 Mil.
This is the expense the company spent on research and development.
FMC Corp Research & Development for the trailing twelve months (TTM) ended in Sep. 2016 was 40.9 (Dec. 2015 ) + 36 (Mar. 2016 ) + 35.1 (Jun. 2016 ) + 32.2 (Sep. 2016 ) = $144 Mil.
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.
FMC Corp Annual Data
|Research & Development||97||95||94||93||101||101||112||116||126||144|
FMC Corp Quarterly Data
|Research & Development||33||30||38||27||39||37||41||36||35||32|