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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 Jun. 2016 was $34 Mil. Its research and development for the trailing twelve months (TTM) ended in Jun. 2016 was $128 Mil.
This is the expense the company spent on research and development.
Pentair PLC Research & Development for the trailing twelve months (TTM) ended in Jun. 2016 was 29.9 (Sep. 2015 ) + 30.9 (Dec. 2015 ) + 33.2 (Mar. 2016 ) + 33.9 (Jun. 2016 ) = $128 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||57||62||58||67||78||94||126||117||120|
Pentair PLC Quarterly Data
|Research & Development||30||31||29||29||30||29||30||31||33||34|