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Siemens Energy AG (LTS:0SEA) Research & Development : €1,209 Mil (TTM As of Sep. 2024)


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What is Siemens Energy AG Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Siemens Energy AG's Research & Development for the three months ended in Sep. 2024 was €362 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2024 was €1,209 Mil.


Siemens Energy AG Research & Development Historical Data

The historical data trend for Siemens Energy AG'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.

Siemens Energy AG Research & Development Chart

Siemens Energy AG Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Research & Development
Get a 7-Day Free Trial 985.00 1,155.00 1,078.00 1,123.00 1,209.00

Siemens Energy AG Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 299.00 230.00 291.00 326.00 362.00

Siemens Energy AG 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,209 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.


Siemens Energy AG  (LTS:0SEA) 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.


Siemens Energy AG Research & Development Related Terms

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Siemens Energy AG Business Description

Address
Otto-Hahn-Ring 6, Munich, BY, DEU, 81739
Siemens Energy manufactures a wide range of equipment used to generate and transmit energy. The group is a product of the spinout from Siemens AG in 2020, consisting of the power and gas segment and Siemens Gamesa, although its operations go back over 150 years. Approximately one sixth of global electricity generation is based on its technology.

Siemens Energy AG Headlines

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