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LyondellBasell Industries NV  (NYSE:LYB) Research & Development: $115 Mil (TTM As of Dec. 2018)

This is the expense the company spent on research and development. LyondellBasell Industries NV's research and development for the three months ended in Dec. 2018 was $28 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2018 was $115 Mil.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

LyondellBasell Industries NV Annual Data

Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Research & Development Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 127.00 102.00 99.00 106.00 115.00

LyondellBasell Industries NV Quarterly Data

Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
Research & Development 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 Premium Member Only Premium Member Only Premium Member Only 29.00 28.00 29.00 30.00 28.00

Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Dec. 2018 was 28 (Mar. 2018 ) + 29 (Jun. 2018 ) + 30 (Sep. 2018 ) + 28 (Dec. 2018 ) = $115 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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.


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