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T. Rowe Price Group Inc (NAS:TROW)
Research and Development
$0 Mil (TTM As of Jun. 2014)

This is the expense the company spent on research and development. T. Rowe Price Group Inc's research and development for the three months ended in Jun. 2014 was $0 Mil. Its research and development for the trailing twelve months (TTM) ended in Jun. 2014 was $0 Mil.


Definition

This is the expense the company spent on research and development.

T. Rowe Price Group Inc Research & Development for the trailing twelve months (TTM) ended in Jun. 2014 was 0 (Sep. 2013 ) + 0 (Dec. 2013 ) + 0 (Mar. 2014 ) + 0 (Jun. 2014 ) = $0 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.

T. Rowe Price Group Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Research & Development 0000000000

T. Rowe Price Group Inc Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
Research & Development 0000000000
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