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NewMarket Corp (NYSE:NEU)
Research and Development
$137 Mil (TTM As of Sep. 2014)

This is the expense the company spent on research and development. NewMarket Corp's research and development for the three months ended in Sep. 2014 was $36 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2014 was $137 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. 2014 was 33.258 (Dec. 2013 ) + 32.207 (Mar. 2014 ) + 35.367 (Jun. 2014 ) + 35.799 (Sep. 2014 ) = $137 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

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Research & Development 65657077828691105118137

NewMarket Corp Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Research & Development 28303131363633323536
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