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

Astec Industries (ASTE) has 3 years of Research & Development data on file, last reported at $8.5 million in Q4 2022.

• For the quarter ending Q4 2022, Research & Development rose 30.77% year-over-year to $8.5 million; the trailing twelve-month figure through Dec 2022 stood at $31.5 million (up 18.87% YoY), and the FY2022 full-year result was $31.5 million, up 18.87% from the prior year.
• Research & Development held at $8.5 million in Q4 2022, 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.
• A 3-year average of $6.7 million and a median of $6.6 million in 2020 frame the typical range for Research & Development.
• Peak annual rise in Research & Development reached 44.44% in 2021, while the deepest fall reached 3.08% in 2021.
• Tracing ASTE's Research & Development over 3 years: 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 ASTE's Research & Development at $8.5 million in Q4 2022, $8.5 million in Q3 2022, and $7.5 million in Q2 2022.