Howmet Aerospace Inc. or Stanley Black & Decker, Inc.: Who Invests More in Innovation?

Stanley Black & Decker leads in R&D investment over Howmet Aerospace.

__timestampHowmet Aerospace Inc.Stanley Black & Decker, Inc.
Wednesday, January 1, 2014123000000174600000
Thursday, January 1, 2015169000000188000000
Friday, January 1, 2016132000000204400000
Sunday, January 1, 2017111000000252300000
Monday, January 1, 2018103000000275800000
Tuesday, January 1, 201970000000240800000
Wednesday, January 1, 202017000000200000000
Friday, January 1, 202117000000276300000
Saturday, January 1, 202232000000357400000
Sunday, January 1, 202336000000362000000
Monday, January 1, 2024330000000
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Data in motion

Innovation Investment: A Tale of Two Giants

In the competitive landscape of aerospace and tools, innovation is the key to staying ahead. Howmet Aerospace Inc. and Stanley Black & Decker, Inc. have been investing in research and development (R&D) to fuel their growth and innovation. Over the past decade, Stanley Black & Decker has consistently outpaced Howmet Aerospace in R&D spending. In 2023, Stanley Black & Decker's R&D expenses were nearly 10 times higher than Howmet's, highlighting their commitment to innovation. From 2014 to 2023, Stanley Black & Decker's R&D investment grew by over 100%, while Howmet Aerospace saw a decline of approximately 70% during the same period. This trend underscores Stanley Black & Decker's strategic focus on innovation as a driver for future success. As industries evolve, the ability to innovate will determine the leaders of tomorrow.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025