Aecon Group (TSX:ARE) Research & Development: C$0 Mil (TTM As of Mar. 2026)


TSX:ARE Aecon Group Inc TSX:ARE
80 GF Score
Price C$44.09
GF Value C$25.80
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Aecon Group Research & Development?

Aecon Group TSX:ARE -1.28% 80 Research & Development is C$0 Mil as of Mar. 2026. GuruFocus rates TSX:ARE with a GF Score™ of 80/100 and a GF Value™ of C$25.80 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Aecon Group's Research & Development for the three months ended in Mar. 2026 was C$0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was C$0 Mil.

Aecon Group  (TSX:ARE) 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.

Aecon Group Research & Development Related Terms

Aecon Group Research & Development Historical Data

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The historical data trend for Aecon Group'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.

Aecon Group Research & Development Chart

Aecon Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
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Aecon Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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TSX:ARE
80GF Score
Aecon Group Inc TSX:ARE
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Aecon Group 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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of C$0 Mil mean?
Aecon Group (TSX:ARE) has a Research & Development of C$0 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Aecon Group and its competitors.
Is Aecon Group's Research & Development too high?
Aecon Group's current Research & Development is C$0 Mil. Overall, Aecon Group has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aecon Group's Research & Development compare to PWR and FIX?
Aecon Group's Research & Development of C$0 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Construction company?
A good Research & Development depends on the Construction industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Aecon Group and its competitors. Aecon Group's current Research & Development is C$0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aecon Group stock overvalued right now?
Based on GuruFocus' analysis, Aecon Group (TSX:ARE) is currently considered Significantly Overvalued. The stock's GF Value™ is C$25.80, compared to a current price of C$44.09 — trading 70.9% above its estimated fair value. The current Research & Development is C$0 Mil. Aecon Group's overall GF Score™ is 80/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Aecon Group (TSX:ARE), the current Research & Development is C$0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Aecon Group (TSX:ARE) Overvalued in 2026?

Based on GuruFocus' analysis, Aecon Group stock appears to be overvalued. The current stock price of C$44.09 is trading 70.9% above its estimated GF Value™ of C$25.80. GuruFocus considers Aecon Group to be Significantly Overvalued.

Key valuation signals for TSX:ARE:

  • Research & Development: C$0 Mil
  • GF Value™: C$25.80 vs. price of C$44.09 (70.9% above fair value)
  • GF Score™: 80/100 with 5 warning signs

No single metric tells the full story. See the TSX:ARE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Aecon Group Business Description

Other Exchanges AEGXF:USA2AE:Germany
Address 20 Carlson Court, Suite 105, Toronto, ON, CAN, M9W 7K6
Aecon Group Inc is a Canada-based company that operates in two segments: Construction and Concessions. The Construction segment includes various aspects of the construction of public and private infrastructure projects. Its concessions segment is engaged in the development, financing, construction, and operation of construction projects. The company generates the maximum revenue from the Construction segment.
80GF Score

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Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$44.09
Price
C$25.80
GF Value