Research and Development Investment: Pentair plc vs Curtiss-Wright Corporation

Pentair vs Curtiss-Wright: A Decade of R&D Investment

__timestampCurtiss-Wright CorporationPentair plc
Wednesday, January 1, 201467842000117300000
Thursday, January 1, 201560837000119600000
Friday, January 1, 201658592000114100000
Sunday, January 1, 201760308000115800000
Monday, January 1, 20186452500076700000
Tuesday, January 1, 20197252000078900000
Wednesday, January 1, 20207481600075700000
Friday, January 1, 20218848900085900000
Saturday, January 1, 20228083600092200000
Sunday, January 1, 20238576400099800000
Monday, January 1, 20249164700093600000
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In pursuit of knowledge

A Decade of Innovation: Pentair plc vs Curtiss-Wright Corporation

In the ever-evolving landscape of industrial innovation, research and development (R&D) investments are pivotal. Over the past decade, Pentair plc and Curtiss-Wright Corporation have demonstrated contrasting strategies in their R&D expenditures. From 2014 to 2023, Pentair consistently outpaced Curtiss-Wright, investing approximately 20% more in R&D annually. Notably, in 2014, Pentair's R&D spending was nearly double that of Curtiss-Wright, highlighting its aggressive approach to innovation. However, by 2023, Curtiss-Wright had narrowed the gap, increasing its R&D investment by 26% compared to 2014. This trend underscores a strategic shift towards innovation, reflecting the company's commitment to staying competitive. As these industrial giants continue to innovate, their R&D investments will likely shape the future of their respective industries, driving technological advancements and market leadership.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025