Zurn Elkay Water Solutions annual r&d spending
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2020
Zurn Elkay Water Solutions R&D Spending Growth & History (ZWS)
Zurn Elkay Water Solutions's r&d spending was $16.2M for fiscal 2020.
View full Zurn Elkay Water Solutions company overviewZurn Elkay Water Solutions annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2020 · Mar 31 | 2020-03-31 | $16.2M | −$100,000 | −0.61% |
| 2019 · Mar 31 | 2019-03-31 | $16.3M | $3.0M | +22.56% |
| 2018 | 2018-03-31 | $13.3M | $2.9M | +27.88% |
| 2017 | 2017-03-31 | $10.4M | −$2.0M | −16.13% |
| 2016 | 2016-03-31 | $12.4M | −$400,000 | −3.13% |
| 2015 | 2015-03-31 | $12.8M | −$200,000 | −1.54% |
| 2014 | 2014-03-31 | $13.0M | −$700,000 | −5.11% |
| 2013 | 2013-03-31 | $13.7M | −$1.7M | −11.04% |
| 2012 | 2012-03-31 | $15.4M | $3.9M | +33.91% |
| 2011 | 2011-03-31 | $11.5M | — | — |
Zurn Elkay Water Solutions r&d spending trends
Over the last five fiscal years, Zurn Elkay Water Solutions's r&d spending increased from $12.8M to $16.2M, a change of $3.4M.
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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