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This is the expense the company spent on research and development. FMC Technologies Inc's research and development for the three months ended in Dec. 2014 was $39 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2014 was $124 Mil.
This is the expense the company spent on research and development.
FMC Technologies Inc Research & Development for the trailing twelve months (TTM) ended in Dec. 2014 was 25.3 (Mar. 2014 ) + 29.4 (Jun. 2014 ) + 29.9 (Sep. 2014 ) + 39.1 (Dec. 2014 ) = $124 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 Technologies Inc Annual Data
|Research & Development||47||49||60||45||51||68||91||117||112||124|
FMC Technologies Inc Quarterly Data
|Research & Development||30||34||29||29||27||28||25||29||30||39|