R&D Spending Showdown: Rockwell Automation, Inc. vs Owens Corning

R&D Spending: Rockwell Automation vs Owens Corning

__timestampOwens CorningRockwell Automation, Inc.
Wednesday, January 1, 201476000000290100000
Thursday, January 1, 201573000000307300000
Friday, January 1, 201682000000319300000
Sunday, January 1, 201785000000348200000
Monday, January 1, 201889000000371800000
Tuesday, January 1, 201987000000378900000
Wednesday, January 1, 202082000000371500000
Friday, January 1, 202191000000422500000
Saturday, January 1, 2022106000000440900000
Sunday, January 1, 2023123000000529500000
Monday, January 1, 2024477300000
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R&D Investment: A Decade of Innovation

In the ever-evolving landscape of industrial innovation, research and development (R&D) spending is a key indicator of a company's commitment to future growth. Over the past decade, Rockwell Automation, Inc. has consistently outpaced Owens Corning in R&D investment. From 2014 to 2023, Rockwell Automation's R&D expenses surged by approximately 82%, peaking at an impressive $529 million in 2023. In contrast, Owens Corning's R&D spending grew by about 62% during the same period, reaching $123 million in 2023.

This trend highlights Rockwell Automation's strategic focus on technological advancement, particularly in automation and control systems. Meanwhile, Owens Corning, a leader in building materials, has shown steady growth in R&D, reflecting its commitment to innovation in sustainable materials. As we look to the future, these investments will likely shape the competitive landscape, driving both companies toward new frontiers of innovation.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025