TMK PAO (TMK PAO) Research & Development : $2 Mil (TTM As of Jun. 2022)

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What is TMK PAO Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. TMK PAO's Research & Development for the three months ended in Jun. 2022 was $0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2022 was $2 Mil.

TMK PAO Research & Development Historical Data

The historical data trend for TMK PAO's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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TMK PAO Research & Development Chart

TMK PAO Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Research & Development

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8.20

1.82

6.23

1.97

2.35

TMK PAO Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22
Research & Development	Get a 7-Day Free Trial															0.53	0.63	0.52	0.68	-

TMK PAO Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $2 Mil.

TMK PAO (GREY:TMKOY) Research & Development 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.

TMK PAO Research & Development Related Terms

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TMK PAO (TMK PAO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » TMK PAO (GREY:TMKOY) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

N/A

Address

40/2a, Pokrovka Street, Moscow, RUS, 101000

Website

http://www.tmk-group.com

TMK PAO produces and supplies steel pipes for the oil and gas industry. The company integrates production assets in Russia, the United States, Canada, Oman, Romania, and Kazakhstan. TMK's core business is the production and sale of seamless and welded pipe, including large-diameter pipe, and pipe with premium connections, combined with an extensive range of services in heat treatment, protective coating, premium connections threading, pipe storage, and repair. Seamless pipe sales account for the majority of the company's revenue with the majority of sales generated in Russia.

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