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NewMarket Corp (NYSE:NEU)
Research and Development
$139 Mil (TTM As of Dec. 2014)

This is the expense the company spent on research and development. NewMarket Corp's research and development for the three months ended in Dec. 2014 was $36 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2014 was $139 Mil.


Definition

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

NewMarket Corp Research & Development for the trailing twelve months (TTM) ended in Dec. 2014 was 32.207 (Mar. 2014 ) + 35.367 (Jun. 2014 ) + 35.799 (Sep. 2014 ) + 35.81 (Dec. 2014 ) = $139 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.

NewMarket Corp Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Research & Development 657077828691105118137139

NewMarket Corp Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
Research & Development 31313636333235363640
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