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

Astec Industries has disclosed Research & Development across 3 years of filings, most recently posting $8.5 million for Q4 2022.

• Research & Development for Q4 2022 came in at $8.5 million, up 30.77% year-over-year; the trailing twelve-month figure through Dec 2022 was $31.5 million (up 18.87% YoY), and the FY2022 annual result was $31.5 million, up 18.87% from the prior year.
• Research & Development came in at $8.5 million for Q4 2022 at 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.
• The 3-year median for Research & Development is $6.6 million (2020), against an average of $6.7 million.
• Peak annual rise in Research & Development reached 44.44% in 2021, while the deepest fall reached 3.08% in 2021.
• Astec Industries' Research & Development stood at $4.5 million in 2020, then soared by 44.44% to $6.5 million in 2021, then jumped by 30.77% to $8.5 million in 2022.
• The last three Research & Development figures came in at $8.5 million (Q4 2022), $8.5 million (Q3 2022), and $7.5 million (Q2 2022), per Business Quant data.