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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 Sep. 2016 was $23 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2016 was $133 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 Sep. 2016 was 43.6 (Dec. 2015 ) + 33.6 (Mar. 2016 ) + 32.6 (Jun. 2016 ) + 23.3 (Sep. 2016 ) = $133 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||49||60||45||51||68||91||117||112||124||135|
FMC Technologies Inc Quarterly Data
|Research & Development||29||30||39||30||36||26||44||34||33||23|