Market Cap : 28.39 B | Enterprise Value : 33.62 B | P/E (TTM) : 38.30 | P/B : |
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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.
* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.
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.
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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