Rockwell Automation, Inc. or Stanley Black & Decker, Inc.: Who Invests More in Innovation?

Rockwell vs. Stanley: Who Leads in R&D Investment?

__timestampRockwell Automation, Inc.Stanley Black & Decker, Inc.
Wednesday, January 1, 2014290100000174600000
Thursday, January 1, 2015307300000188000000
Friday, January 1, 2016319300000204400000
Sunday, January 1, 2017348200000252300000
Monday, January 1, 2018371800000275800000
Tuesday, January 1, 2019378900000240800000
Wednesday, January 1, 2020371500000200000000
Friday, January 1, 2021422500000276300000
Saturday, January 1, 2022440900000357400000
Sunday, January 1, 2023529500000362000000
Monday, January 1, 20244773000000
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Innovation Investment: A Tale of Two Giants

In the ever-evolving landscape of industrial innovation, Rockwell Automation, Inc. and Stanley Black & Decker, Inc. stand as titans. Over the past decade, Rockwell Automation has consistently outpaced Stanley Black & Decker in research and development (R&D) investments. From 2014 to 2023, Rockwell Automation's R&D expenses surged by approximately 82%, peaking in 2023. In contrast, Stanley Black & Decker's R&D spending increased by about 107% over the same period, yet remained lower in absolute terms. Notably, in 2023, Rockwell Automation invested nearly 46% more in R&D than Stanley Black & Decker. This trend underscores Rockwell's commitment to innovation, even as Stanley Black & Decker shows significant growth. As we look to the future, the question remains: will Stanley Black & Decker close the gap, or will Rockwell Automation continue to lead the charge in industrial innovation?

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025