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Fortive (Fortive) Research & Development : $397.80 Mil (TTM As of Dec. 2023)


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What is Fortive Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Fortive's Research & Development for the three months ended in Dec. 2023 was $99.20 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was $397.80 Mil.

Fortive Research & Development Historical Data

The historical data trend for Fortive'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.

* Premium members only.

Fortive Research & Development Chart

Fortive Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 320.30 320.70 354.80 401.50 397.80

Fortive Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 101.20 100.10 100.10 98.40 99.20

Fortive Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $397.80 Mil.

* 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.

Fortive  (NYSE:FTVpA.PFD) 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.

Fortive Research & Development Related Terms

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Fortive (Fortive) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Fortive Corp (NYSE:FTVpA.PFD) » Definitions » Research & Development
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Traded in Other Exchanges
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Address
6920 Seaway Boulevard, Everett, WA, USA, 98203
Website
https://www.fortive.com
Fortive is a diversified industrial technology firm with a broad portfolio of mission-critical products and services that include field solutions, product realization, health, and sensing technologies. The company serves a wide range of end markets, including manufacturing, utilities, medical, and electronics. Fortive generated roughly $5.8 billion in revenue and $1.4 billion in adjusted operating income in 2022.