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This is the expense the company spent on research and development. Pentair PLC's research and development for the three months ended in Dec. 2016 was $27 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2016 was $124 Mil.
This is the expense the company spent on research and development.
Pentair PLC Research & Development for the trailing twelve months (TTM) ended in Dec. 2016 was 33.2 (Mar. 2016 ) + 33.9 (Jun. 2016 ) + 29.7 (Sep. 2016 ) + 27.2 (Dec. 2016 ) = $124 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.
Pentair PLC Annual Data
|Research & Development||57||62||58||67||78||92||123||96||99||114|
Pentair PLC Quarterly Data
|Research & Development||29||8||30||29||25||26||33||34||30||27|