PACCAR (WBO:PCAR) Research & Development : €387 Mil (TTM As of Mar. 2024)

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What is PACCAR Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. PACCAR's Research & Development for the three months ended in Mar. 2024 was €97 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was €387 Mil.

PACCAR Research & Development Historical Data

The historical data trend for PACCAR'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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PACCAR Research & Development Chart

PACCAR Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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293.94

225.15

286.83

322.09

376.80

PACCAR Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Research & Development	Get a 7-Day Free Trial															90.79	93.50	96.98	99.86	97.06

PACCAR Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €387 Mil.

PACCAR (WBO:PCAR) 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.

PACCAR Research & Development Related Terms

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PACCAR (WBO:PCAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » PACCAR Inc (WBO:PCAR) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

PCAR:USA PAE:Germany P1AC34:Brazil

Address

777-106th Avenue N.E., Bellevue, WA, USA, 98004

Website

https://www.paccar.com

Paccar is a leading manufacturer of medium- and heavy-duty trucks under the premium brands Kenworth and Peterbilt, which are primarily sold in the NAFTA region and Australia, and DAF trucks, which are sold in Europe and South America. The company's trucks are sold through over 2,300 independent dealers globally. Paccar Financial Services provides retail and wholesale financing for customers and dealers, respectively. The company commands approximately 30% of the Class 8 market share in North America and 17% of the heavy-duty market share in Europe.