ITT Research and Development Expenses 2010-2023 | ITT
ITT annual/quarterly research and development expenses history and growth rate from 2010 to 2023. Research and development expenses can be defined as an expense arising from studies and product development processes.
- ITT research and development expenses for the quarter ending December 31, 2023 were $0.026B, a 11.84% increase year-over-year.
- ITT research and development expenses for the twelve months ending December 31, 2023 were $0.103B, a 6.32% increase year-over-year.
- ITT annual research and development expenses for 2023 were $0.103B, a 6.32% increase from 2022.
- ITT annual research and development expenses for 2022 were $0.097B, a 1.69% increase from 2021.
- ITT annual research and development expenses for 2021 were $0.095B, a 11.78% increase from 2020.
ITT Annual Research and Development Expenses
(Millions of US $) |
| 2023 |
$103 |
| 2022 |
$97 |
| 2021 |
$95 |
| 2020 |
$85 |
| 2019 |
$98 |
| 2018 |
$98 |
| 2017 |
$94 |
| 2016 |
$81 |
| 2015 |
$79 |
| 2014 |
$77 |
| 2013 |
$67 |
| 2012 |
$63 |
| 2011 |
$64 |
| 2010 |
$59 |
| 2009 |
$53 |
ITT Quarterly Research and Development Expenses
(Millions of US $) |
| 2023-12-31 |
$26 |
| 2023-09-30 |
$25 |
| 2023-06-30 |
$26 |
| 2023-03-31 |
$26 |
| 2022-12-31 |
$23 |
| 2022-09-30 |
$24 |
| 2022-06-30 |
$24 |
| 2022-03-31 |
$25 |
| 2021-12-31 |
$25 |
| 2021-09-30 |
$23 |
| 2021-06-30 |
$23 |
| 2021-03-31 |
$24 |
| 2020-12-31 |
$24 |
| 2020-09-30 |
$20 |
| 2020-06-30 |
$19 |
| 2020-03-31 |
$23 |
| 2019-12-31 |
$25 |
| 2019-09-30 |
$24 |
| 2019-06-30 |
$26 |
| 2019-03-31 |
$24 |
| 2018-12-31 |
$24 |
| 2018-09-30 |
$24 |
| 2018-06-30 |
$26 |
| 2018-03-31 |
$25 |
| 2017-12-31 |
$26 |
| 2017-09-30 |
$23 |
| 2017-06-30 |
$23 |
| 2017-03-31 |
$22 |
| 2016-12-31 |
$22 |
| 2016-09-30 |
$19 |
| 2016-06-30 |
$21 |
| 2016-03-31 |
$19 |
| 2015-12-31 |
$24 |
| 2015-09-30 |
$18 |
| 2015-06-30 |
$19 |
| 2015-03-31 |
$18 |
| 2014-12-31 |
$20 |
| 2014-09-30 |
$20 |
| 2014-06-30 |
$19 |
| 2014-03-31 |
$18 |
| 2013-12-31 |
$18 |
| 2013-09-30 |
$16 |
| 2013-06-30 |
$16 |
| 2013-03-31 |
$16 |
| 2012-12-31 |
$15 |
| 2012-09-30 |
$15 |
| 2012-06-30 |
$17 |
| 2012-03-31 |
$16 |
| 2011-12-31 |
$15 |
| 2011-09-30 |
$16 |
| 2011-06-30 |
$17 |
| 2011-03-31 |
$16 |
| 2010-12-31 |
$70 |
| 2010-09-30 |
$60 |
| 2010-06-30 |
$60 |
| 2010-03-31 |
$63 |
| 2009-12-31 |
$90 |
| 2009-09-30 |
$58 |
| 2009-06-30 |
$57 |
| 2009-03-31 |
$53 |
| Sector |
Industry |
Market Cap |
Revenue |
| Multi-Sector Conglomerates |
Diversified Operations |
$10.793B |
$3.283B |
|
ITT Inc. is a global multi-industry leader in high-technology engineering and manufacturing projects. It engages in the design, manufacture and sale of a wide range of engineered products and services. The company operates in three business segments. The Industrial Process segment deals in manufacturing engineered fluid-process equipments for diverse industries like oil & gas, mining, power generation and chemical, among others. The segment also provides plant optimization & efficiency solutions, and aftermarket services & parts. It is divided into five product categories, namely, Goulds Pumps, Bornemann, ITT Engineered Valves, ITT PRO Services and ITT C'treat. The segment has a global manufacturing footprint with operations located in the United States, Germany and South Korea. The Motion Technologies segment specializes in manufacturing highly engineered and durable components, such as brake pads, shock absorbers and damping technologies for the transportation industry.
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