| __timestamp | 3M Company | Pentair plc |
|---|---|---|
| Wednesday, January 1, 2014 | 1770000000 | 117300000 |
| Thursday, January 1, 2015 | 1763000000 | 119600000 |
| Friday, January 1, 2016 | 1735000000 | 114100000 |
| Sunday, January 1, 2017 | 1850000000 | 115800000 |
| Monday, January 1, 2018 | 1821000000 | 76700000 |
| Tuesday, January 1, 2019 | 1911000000 | 78900000 |
| Wednesday, January 1, 2020 | 1878000000 | 75700000 |
| Friday, January 1, 2021 | 1994000000 | 85900000 |
| Saturday, January 1, 2022 | 1862000000 | 92200000 |
| Sunday, January 1, 2023 | 1842000000 | 99800000 |
| Monday, January 1, 2024 | 1085000000 | 93600000 |
Unlocking the unknown
In the ever-evolving landscape of industrial innovation, 3M Company and Pentair plc stand as intriguing case studies. Over the past decade, 3M has consistently outpaced Pentair in research and development (R&D) spending, with 3M's investment peaking at nearly 2 billion dollars in 2021. This represents a staggering 1,700% more than Pentair's highest recorded R&D expenditure in the same period.
From 2014 to 2023, 3M's R&D expenses have shown a robust upward trend, reflecting its commitment to innovation. In contrast, Pentair's R&D spending has remained relatively stable, with a slight dip in 2018. Notably, 2024 data for Pentair is missing, leaving room for speculation on its future innovation strategy.
This comparison highlights the strategic priorities of these industrial giants, with 3M's aggressive R&D investment potentially driving future growth and market leadership.
