Valvoline annual r&d spending
2015
2016
2017
2018
2019
2020
2021
Valvoline R&D Spending Growth & History (VVV)
Valvoline's r&d spending was $15.0M for fiscal 2021.
View full Valvoline company overviewValvoline annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2021 | 2021-09-30 | $15.0M | $2.0M | +15.38% |
| 2020 | 2020-09-30 | $13.0M | $0 | 0.00% |
| 2019 | 2019-09-30 | $13.0M | −$1.0M | −7.14% |
| 2018 | 2018-09-30 | $14.0M | $1.0M | +7.69% |
| 2017 | 2017-09-30 | $13.0M | $0 | 0.00% |
| 2016 | 2016-09-30 | $13.0M | $2.0M | +18.18% |
| 2015 | 2015-09-30 | $11.0M | — | — |
Valvoline r&d spending trends
Over the last five fiscal years, Valvoline's r&d spending increased from $13.0M to $15.0M, a change of $2.0M.
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.
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