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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. 2014 was $29 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2014 was $119 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. 2014 was 30 (Mar. 2014 ) + 30.9 (Jun. 2014 ) + 28.5 (Sep. 2014 ) + 29.1 (Dec. 2014 ) = $119 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||46||57||57||62||58||67||78||94||123||117|
Pentair PLC Quarterly Data
|Research & Development||20||32||34||32||31||28||30||31||29||29|