Astec Industries (ASTE) Research & Development (2020 - 2022)
Astec Industries (ASTE) posted Research & Development of $8.5 million for Q4 2022, little changed sequentially from $8.5 million in Q3 2022, and up 30.77% YoY from $6.5 million in Q4 2021.
Astec Industries (ASTE) Research & Development (2020 - 2022) Analysis & Trends
Astec Industries has reported Research & Development for 3 years, with the latest figure at $8.5 million in Q4 2022.
- Quarterly Research & Development rose 30.77% year-over-year to $8.5 million in Q4 2022, while the trailing twelve-month figure through Dec 2022 was $31.5 million (up 18.87% YoY) and the FY2022 annual result came in at $31.5 million, up 18.87% from the prior year.
- Research & Development held at $8.5 million in Q4 2022 per ASTE's latest filing, from $8.5 million in the prior quarter.
- Over five years, Research & Development peaked at $8.5 million in Q3 2022 and troughed at $4.5 million in Q4 2020.
- A 3-year average of $6.7 million and a median of $6.6 million in 2020 frame the typical range for Research & Development.
- The widest YoY moves for Research & Development: up 44.44% in 2021, down 3.08% in 2021.
- Over 3 years, 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.
- According to Business Quant data, Research & Development over the past three periods registered $8.5 million, $8.5 million, and $7.5 million for Q4 2022, Q3 2022, and Q2 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 374.37 Bn | 367.65 Bn | 7.76 Bn | 616.00 Mn |
| 2 | Deere | 168.66 Bn | 160.76 Bn | 13.06 Bn | 583.00 Mn |
| 3 | Paccar | 67.91 Bn | 59.25 Bn | 1.56 Bn | 114.30 Mn |
| 4 | CNH Industrial | 13.55 Bn | 11.68 Bn | 1.41 Bn | 230.00 Mn |
| 5 | Oshkosh | 9.54 Bn | 9.13 Bn | 480.30 Mn | - |
| 6 | Agco | 7.40 Bn | 6.83 Bn | 645.90 Mn | - |
| 7 | Terex | 7.30 Bn | 6.90 Bn | 444.00 Mn | - |
| 8 | Blue Bird | 2.10 Bn | 1.98 Bn | 103.37 Mn | - |
| 9 | Alamo | 1.96 Bn | 1.76 Bn | 110.86 Mn | - |
| 10 | Astec Industries | 960.83 Mn | 882.23 Mn | 106.80 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 8.50 Mn |
| Sep 30, 2022 | 8.50 Mn |
| Jun 30, 2022 | 7.50 Mn |
| Mar 31, 2022 | 7.00 Mn |
| Dec 31, 2021 | 6.50 Mn |
| Sep 30, 2021 | 6.70 Mn |
| Jun 30, 2021 | 7.00 Mn |
| Mar 31, 2021 | 6.30 Mn |
| Dec 31, 2020 | 4.50 Mn |
| Sep 30, 2020 | 5.70 Mn |
| Jun 30, 2020 | 5.40 Mn |
| Mar 31, 2020 | 6.50 Mn |