Timken annual r&d spending
2009
2010
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2019
Timken R&D Spending Growth & History (TKR)
Timken's r&d spending was $41.4M for fiscal 2019.
View full Timken company overviewTimken annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2019 | 2019-12-31 | $41.4M | $4.1M | +10.99% |
| 2018 | 2018-12-31 | $37.3M | $2.0M | +5.67% |
| 2017 | 2017-12-31 | $35.3M | $3.5M | +11.01% |
| 2016 | 2016-12-31 | $31.8M | −$800,000 | −2.45% |
| 2015 · Dec 31 | 2015-12-31 | $32.6M | −$6.2M | −15.98% |
| 2014 | 2014-12-31 | $38.8M | −$500,000 | −1.27% |
| 2013 | 2013-12-31 | $39.3M | −$6.4M | −14.00% |
| 2012 | 2012-12-31 | $45.7M | −$3.9M | −7.86% |
| 2011 | 2011-12-31 | $49.6M | −$300,000 | −0.60% |
| 2010 | 2010-12-31 | $49.9M | −$100,000 | −0.20% |
| 2009 | 2009-12-31 | $50.0M | — | — |
Timken r&d spending trends
Over the last five fiscal years, Timken's r&d spending increased from $38.8M to $41.4M, a change of $2.6M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Timken source filings ↗