Astec Industries (ASTE) Research & Development (2020 - 2022)
Astec Industries' Research & Development history spans 3 years, with the latest figure at $8.5 million for Q3 2022.
- For Q3 2022, Research & Development rose 26.87% year-over-year to $8.5 million; the TTM value through Sep 2022 reached $28.7 million, up 17.14%, while the annual FY2022 figure was $31.5 million, 18.87% up from the prior year.
- Research & Development for Q3 2022 was $8.5 million at Astec Industries, up from $7.0 million in the prior quarter.
- Across five years, Research & Development topped out at $8.5 million in Q3 2022 and bottomed at $4.5 million in Q4 2020.
- The 3-year median for Research & Development is $6.5 million (2020), against an average of $6.4 million.
- The largest YoY upside for Research & Development was 44.44% in 2021 against a maximum downside of 3.08% in 2021.
- A 3-year view of Research & Development shows it stood at $4.5 million in 2020, then skyrocketed by 44.44% to $6.5 million in 2021, then surged by 30.77% to $8.5 million in 2022.
- Per Business Quant, the three most recent readings for ASTE's Research & Development are $8.5 million (Q3 2022), $7.0 million (Q1 2022), and $6.5 million (Q4 2021).