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Otis Worldwide Research & Development

: $157 Mil (TTM As of Sep. 2020)
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This is the expense the company spent on research and development. Otis Worldwide's research and development for the three months ended in Sep. 2020 was $37 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2020 was $157 Mil.


Otis Worldwide Research & Development 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.

Otis Worldwide Annual Data
Dec17 Dec18 Dec19
Research & Development 175.00 181.00 163.00

Otis Worldwide Quarterly Data
Dec17 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
Research & Development Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.00 45.00 38.00 37.00 37.00

Otis Worldwide Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Sep. 2020 was 45 (Dec. 2019 ) + 38 (Mar. 2020 ) + 37 (Jun. 2020 ) + 37 (Sep. 2020 ) = $157 Mil.

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


Otis Worldwide  (NYSE:OTIS) 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.


Otis Worldwide Research & Development Related Terms


Otis Worldwide Research & Development Headlines

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