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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 Dec. 2015 was $41 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2015 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 Dec. 2015 was 26.6 (Mar. 2015 ) + 39 (Jun. 2015 ) + 37.2 (Sep. 2015 ) + 40.9 (Dec. 2015 ) = $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||29||31||26||33||30||38||27||39||37||41|