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This is the expense the company spent on research and development. FMC Corporation's research and development for the three months ended in Mar. 2014 was $26 Mil. Its research and development for the trailing twelve months (TTM) ended in Mar. 2014 was $117 Mil.
This is the expense the company spent on research and development.
FMC Corporation Research & Development for the trailing twelve months (TTM) ended in Mar. 2014 was 29.1 (Jun. 2013 ) + 29 (Sep. 2013 ) + 33 (Dec. 2013 ) + 26.1 (Mar. 2014 ) = $117 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 Corporation Annual Data
|Research & Development||93||94||97||95||94||93||101||105||118||118|
FMC Corporation Quarterly Data
|Research & Development||29||28||30||31||30||29||29||33||26||33|