DeFi Capital Markets DCM
NYSE DCM
$3.04 -0.07 (-2.25%)
At close: Nov 6, 2026 · 4:00 PM EST

DeFi Capital Markets (DCM) Research & Development (2010 - 2023)

Updated

DeFi Capital Markets (DCM) reported Research & Development of $108,515 for fiscal Q4 2023 (quarter ended Mar 31, 2023), down 24.0% from $142,704 a year earlier but up 6.7% from the prior quarter.

Analysis

DeFi Capital Markets (DCM) Research & Development (2010 - 2023) Analysis & Trends

For FY2023 (ended Mar 31, 2023), DeFi Capital Markets posted Research & Development of $402,692, down 8.1% from FY2022.

  • Research & Development has declined for three consecutive fiscal years, with a five-year compound annual growth rate of -9.2% (FY2018 to FY2023).
  • By fiscal year, Research & Development came in at $438,200 in FY2022 (-7.1%), $471,545 in FY2021 (-31.8%), $691,886 in FY2020 (+37.6%) and $502,845 in FY2019 (-23.1%).
  • Five-year quarterly Research & Development spans a low of $86,461 in fiscal Q3 2019 and a high of $204,742 in fiscal Q4 2020.
  • Year over year, Research & Development gained in four of the last eight quarters, with an average decline of 6.2%.
  • The high point for year-over-year Research & Development in five years was fiscal Q3 2020 (growth of 96.4%); the low point was fiscal Q3 2019 (a decline of 49.0%).
  • Per Business Quant data, the three fiscal quarters before Q4 2023 came in at $101,670 (Q3 2023), $103,245 (Q2 2023) and $89,262 (Q1 2023).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Trane Technologies 88.43 Bn 83.04 Bn 2.38 Bn -
2 Johnson Controls International 81.95 Bn 79.68 Bn 2.47 Bn -
3 Carrier Global 43.09 Bn 37.47 Bn 1.90 Bn 154.00 Mn
4 Comfort Systems Usa 35.64 Bn 29.60 Bn 934.48 Mn -
5 Otis Worldwide 30.11 Bn 26.50 Bn 1.16 Bn 40.00 Mn
6 James Hardie Industries 16.21 Bn 15.14 Bn 562.40 Mn 14.60 Mn
7 Masco 16.11 Bn 13.92 Bn 720.00 Mn -
8 Allegion 15.72 Bn 14.35 Bn 548.20 Mn -
9 Carlisle Companies 14.80 Bn 11.71 Bn 494.90 Mn 11.90 Mn
10 DeFi Capital Markets 8.72 Mn -7.98 Mn 9,131.00 -
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2023 108,515.00
Dec 31, 2022 101,670.00
Sep 30, 2022 103,245.00
Jun 30, 2022 89,262.00
Mar 31, 2022 142,704.00
Dec 31, 2021 97,370.00
Sep 30, 2021 97,070.00
Jun 30, 2021 101,056.00
Mar 31, 2021 139,269.00
Dec 31, 2020 106,608.00
Sep 30, 2020 91,750.00
Jun 30, 2020 133,918.00
Mar 31, 2020 204,742.00
Dec 31, 2019 169,768.00
Sep 30, 2019 176,733.00
Jun 30, 2019 140,643.00
Mar 31, 2019 142,079.00
Dec 31, 2018 86,461.00
Sep 30, 2018 120,918.00
Jun 30, 2018 153,387.00
API Access

DeFi Capital Markets Research & Development API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=research-and-development&ticker=DCM&period=max&api_key=YOUR_API_KEY