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NewMarket Corp (NYSE:NEU)
Research and Development
$156 Mil (TTM As of Sep. 2016)

This is the expense the company spent on research and development. NewMarket Corp's research and development for the three months ended in Sep. 2016 was $37 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2016 was $156 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 Sep. 2016 was 39.602 (Dec. 2015 ) + 39.216 (Mar. 2016 ) + 40.72 (Jun. 2016 ) + 36.715 (Sep. 2016 ) = $156 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

NewMarket Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Research & Development 7077828691105118137139158

NewMarket Corp Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
Research & Development 35363640403940394137
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