Research and Development Expenses Breakdown: Rockwell Automation, Inc. vs Graco Inc.

A Decade of Innovation: R&D Spending Trends

In the competitive landscape of industrial automation and fluid handling, Rockwell Automation, Inc. and Graco Inc. have consistently invested in research and development (R&D) to maintain their market edge. Over the past decade, Rockwell Automation has demonstrated a robust commitment to innovation, with R&D expenses growing by approximately 83% from 2014 to 2023. This strategic investment underscores their focus on advancing automation technologies.

Conversely, Graco Inc. has also shown a steady increase in R&D spending, with a notable 61% rise over the same period. This growth reflects their dedication to enhancing fluid handling solutions. The data reveals that Rockwell Automation's R&D expenses are consistently higher, averaging around five times that of Graco Inc., highlighting their aggressive pursuit of technological leadership.

These trends not only illustrate the companies' strategic priorities but also signal the broader industry's shift towards innovation-driven growth.