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Graco (FRA:GA8) Research & Development : €78 Mil (TTM As of Mar. 2024)


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What is Graco Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Graco's Research & Development for the three months ended in Mar. 2024 was €20 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was €78 Mil.

Graco Research & Development Historical Data

The historical data trend for Graco'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.

Graco Research & Development Chart

Graco 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 60.80 59.34 70.49 75.53 75.95

Graco 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 19.13 19.65 18.57 19.48 20.12

Graco 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 €78 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.

Graco  (FRA:GA8) 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.

Graco Research & Development Related Terms

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Graco (FRA:GA8) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Graco Inc (FRA:GA8) » Definitions » Research & Development
Comparable Companies
PNR NDSN AOS IEX RRX ITT DCI GNRC CR MIDD XTER:SIE XPAR:SU ETN OSTO:ATCO A ITW PH XKRX:373220 EMR AME CMI
Traded in Other Exchanges
GGG:USA
Address
88-11th Avenue Northeast, Minneapolis, MN, USA, 55413
Website
https://www.graco.com
Graco manufactures equipment used for managing fluids, coatings, and adhesives, specializing in difficult-to-handle materials. Graco's business is organized into three segments: industrial, process, and contractor. The Minnesota-based firm serves a wide range of end markets, including industrial, automotive, and construction, and its broad array of products include pumps, valves, meters, sprayers, and equipment used to apply coatings, sealants, and adhesives. The firm generated roughly $2.1 billion in sales and $573 million in operating income in 2022.

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