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Astec Industries (ASTE) Research & Development (2020 - 2022)

Astec Industries (ASTE) has disclosed Research & Development for 3 consecutive years, with $8.5 million as the latest value for Q4 2022.

  • Quarterly Research & Development rose 30.77% to $8.5 million in Q4 2022 from the year-ago period, while the trailing twelve-month figure was $31.5 million through Dec 2022, up 18.87% year-over-year, with the annual reading at $31.5 million for FY2022, 18.87% up from the prior year.
  • Research & Development hit $8.5 million in Q4 2022 for Astec Industries, roughly flat from $8.5 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $8.5 million in Q3 2022 to a low of $4.5 million in Q4 2020.
  • Historically, Research & Development has averaged $6.7 million across 3 years, with a median of $6.6 million in 2020.
  • Biggest YoY gain for Research & Development was 44.44% in 2021; the steepest drop was 3.08% in 2021.
  • Year by year, Research & Development stood at $4.5 million in 2020, then surged by 44.44% to $6.5 million in 2021, then soared by 30.77% to $8.5 million in 2022.
  • Business Quant data shows Research & Development for ASTE at $8.5 million in Q4 2022, $8.5 million in Q3 2022, and $7.5 million in Q2 2022.