Haleon (HLN) Research & Development (2021 - 2023)

Haleon (HLN) posted Research & Development of -$269.3 million for Q4 2023, down 221.24% on a QoQ basis from -$83.8 million in Q2 2023, and down 5.33% year-over-year from -$284.5 million in Q4 2022.

Haleon (HLN) Research & Development (2021 - 2023) Analysis & Trends

Haleon's Research & Development history runs 3 years deep, the most recent figure standing at -$269.3 million for Q4 2023.

  • Quarterly Research & Development fell 5.33% year-over-year to -$269.3 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was -$700.6 million (changed N/A YoY) and the FY2025 annual result came in at $416.6 million, up 9.38% from the prior year.
  • Research & Development was -$269.3 million for Q4 2023 at Haleon, down from -$83.8 million in the prior quarter.
  • Across five years, Research & Development topped out at -$83.8 million in Q2 2023 and bottomed at -$269.3 million in Q4 2023.
  • A 3-year average of -$185.8 million and a median of -$207.1 million in 2021 frame the typical range for Research & Development.
  • Annual changes were most pronounced in 2022 — Research & Development slipped 3.65% — and 2023, when it retreated 5.33%.
  • Haleon's Research & Development stood at -$246.7 million in 2021, then decreased by 3.65% to -$255.7 million in 2022, then decreased by 5.33% to -$269.3 million in 2023.
  • Business Quant data shows HLN's Research & Development at -$269.3 million in Q4 2023, -$83.8 million in Q2 2023, and -$91.7 million in Q2 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Haleon 88.07 Bn 86.20 Bn - -
2 Teva Pharmaceutical Industries 35.75 Bn 32.01 Bn 1.97 Bn 696.00 Mn
3 Zoetis 31.84 Bn 29.90 Bn 1.62 Bn 180.00 Mn
4 Takeda Pharmaceutical 27.18 Bn 23.12 Bn 4.39 Bn 7.37 Bn
5 United Therapeutics 23.09 Bn 20.93 Bn 648.10 Mn 138.20 Mn
6 RedHill Biopharma 21.32 Bn 21.32 Bn - -
7 Viatris 19.96 Bn 18.16 Bn 1.16 Bn 248.60 Mn
8 Neurocrine Biosciences 17.66 Bn 16.34 Bn 800.70 Mn 296.20 Mn
9 Elanco Animal Health 12.44 Bn 12.02 Bn 785.00 Mn 97.00 Mn
10 Vireo Growth 10.53 Bn 10.38 Bn 59.30 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2023 -269.33 Mn
Jun 30, 2023 -83.84 Mn
May 3, 2023 -91.71 Mn
Dec 31, 2022 -255.70 Mn
Sep 20, 2022 -167.46 Mn
Dec 31, 2021 -246.69 Mn