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ITT Corp (NYSE:ITT)
Research and Development
$78 Mil (TTM As of Jun. 2015)

This is the expense the company spent on research and development. ITT Corp's research and development for the three months ended in Jun. 2015 was $19 Mil. Its research and development for the trailing twelve months (TTM) ended in Jun. 2015 was $78 Mil.


Definition

This is the expense the company spent on research and development.

ITT Corp Research & Development for the trailing twelve months (TTM) ended in Jun. 2015 was 20.1 (Sep. 2014 ) + 20.2 (Dec. 2014 ) + 18.3 (Mar. 2015 ) + 18.9 (Jun. 2015 ) = $78 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

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.


Related Terms

Gross Profit


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

ITT Corp Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Research & Development 1571611822442585964636777

ITT Corp Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
Research & Development 16161618181920201819
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