Research and Development Expenses Breakdown: Trane Technologies plc vs Xylem Inc.

R&D Spending Trends: Trane vs Xylem Over a Decade

__timestamp	Trane Technologies plc	Xylem Inc.
Wednesday, January 1, 2014	212300000	104000000
Thursday, January 1, 2015	205900000	95000000
Friday, January 1, 2016	207900000	110000000
Sunday, January 1, 2017	210800000	180000000
Monday, January 1, 2018	228700000	189000000
Tuesday, January 1, 2019	174200000	191000000
Wednesday, January 1, 2020	165000000	187000000
Friday, January 1, 2021	193500000	204000000
Saturday, January 1, 2022	211200000	206000000
Sunday, January 1, 2023	252300000	232000000
Monday, January 1, 2024	0

Data in motion

A Decade of Innovation: Trane Technologies plc vs Xylem Inc.

In the ever-evolving landscape of industrial innovation, research and development (R&D) expenses serve as a critical indicator of a company's commitment to future growth. Over the past decade, Trane Technologies plc and Xylem Inc. have demonstrated contrasting strategies in their R&D investments.

From 2014 to 2023, Trane Technologies consistently allocated a significant portion of its resources to R&D, peaking in 2023 with a 19% increase from the previous year. This upward trend underscores their dedication to pioneering sustainable climate solutions. Meanwhile, Xylem Inc. has shown a steady increase in R&D spending, culminating in a 24% rise in 2023 compared to 2014. This reflects their focus on innovative water solutions.

These investments highlight the companies' strategic priorities, with Trane Technologies emphasizing climate innovation and Xylem Inc. focusing on water technology advancements.

Published by

U.S. Securities and Exchange Commission

Source link

sec.gov

Date published

28 Jan 2025