Carlisle Companies Incorporated or Stanley Black & Decker, Inc.: Who Invests More in Innovation?

Stanley Black & Decker leads in R&D investment over Carlisle.

__timestampCarlisle Companies IncorporatedStanley Black & Decker, Inc.
Wednesday, January 1, 201433800000174600000
Thursday, January 1, 201542800000188000000
Friday, January 1, 201648100000204400000
Sunday, January 1, 201754900000252300000
Monday, January 1, 201855100000275800000
Tuesday, January 1, 201960900000240800000
Wednesday, January 1, 202045400000200000000
Friday, January 1, 202149900000276300000
Saturday, January 1, 202250800000357400000
Sunday, January 1, 202328700000362000000
Monday, January 1, 2024354000000
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In pursuit of knowledge

Innovation Investment: A Tale of Two Giants

In the ever-evolving landscape of industrial innovation, Carlisle Companies Incorporated and Stanley Black & Decker, Inc. stand as titans. Over the past decade, Stanley Black & Decker has consistently outpaced Carlisle in research and development (R&D) investments. From 2014 to 2023, Stanley Black & Decker's R&D expenses surged by over 100%, peaking at $362 million in 2023. In contrast, Carlisle's investment saw a modest increase, with a peak of $61 million in 2019, before dropping to $29 million in 2023.

This disparity highlights Stanley Black & Decker's commitment to innovation, investing nearly six times more than Carlisle on average. As the industrial sector faces rapid technological advancements, these investments could be pivotal in determining market leadership. The data underscores the strategic importance of R&D in maintaining competitive advantage and driving future growth.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025