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Eastman Chemical Co (BSP:E1MN34) Research & Development : R$1,161 Mil (TTM As of Mar. 2024)


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What is Eastman Chemical Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Eastman Chemical Co's Research & Development for the three months ended in Mar. 2024 was R$294 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was R$1,161 Mil.

Eastman Chemical Co Research & Development Historical Data

The historical data trend for Eastman Chemical Co'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.

Eastman Chemical Co Research & Development Chart

Eastman Chemical Co 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 960.45 1,162.70 1,436.35 1,384.79 1,171.05

Eastman Chemical Co 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 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 322.93 291.22 296.32 279.29 293.81

Eastman Chemical Co 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 R$1,161 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.

Eastman Chemical Co  (BSP:E1MN34) 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.

Eastman Chemical Co Research & Development Related Terms

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Eastman Chemical Co (BSP:E1MN34) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Eastman Chemical Co (BSP:E1MN34) » Definitions » Research & Development
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EMN:USA EMN:Mexico EAC:Germany
Address
200 South Wilcox Drive, Kingsport, TN, USA, 37662
Website
https://www.eastman.com
Established in 1920 to produce chemicals for Eastman Kodak, Eastman Chemical has grown into a global specialty chemicals company with manufacturing sites around the world. The company generates the majority of its sales outside of the United States, with a strong presence in Asian markets. During the past several years, Eastman has sold noncore businesses, choosing to focus on higher-margin specialty product offerings.

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