COLGATE PALMOLIVE CO R&D Expense 2008-2024 | CL
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What is r&d expense?
Research and development expense represents the costs incurred in discovering and developing new products, processes, or technologies.
What is COLGATE PALMOLIVE CO's current r&d expense?
COLGATE PALMOLIVE CO (CL) annual r&d expense for 2024 was $355.0M, a 3.50% increase from 2023.
What was COLGATE PALMOLIVE CO's r&d expense in 2023?
COLGATE PALMOLIVE CO annual r&d expense for 2023 was $343.0M, a 7.19% increase from 2022.
What was COLGATE PALMOLIVE CO's r&d expense in 2022?
COLGATE PALMOLIVE CO annual r&d expense for 2022 was $320.0M, a 4.23% increase from 2021.
What is COLGATE PALMOLIVE CO's 5-year r&d expense CAGR?
COLGATE PALMOLIVE CO r&d expense grew at a compound annual growth rate (CAGR) of 4.79% from FY2019 to FY2024, going from $281.0M to $355.0M over 5 years.
R&D Expense History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Growing
CAGR+4.8%
FY2019
$281.0M
→
FY2024
$355.0M
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5 years selected
R&D Expense History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2024 | $355.0M | +3.5% | 10-K |
| FY2023 | $343.0M | +7.2% | 10-K |
| FY2022 | $320.0M | +4.2% | 10-K |
| FY2021 | $307.0M | +5.9% | 10-K |
| FY2020 | $290.0M | +3.2% | 10-K |
| FY2019 | $281.0M | +1.4% | 10-K |
| FY2018 | $277.0M | -2.8% | 10-K |
| FY2017 | $285.0M | -1.4% | 10-K |
| FY2016 | $289.0M | +5.5% | 10-K |
| FY2015 | $274.0M | -1.1% | 10-K |
| FY2014 | $277.0M | +3.7% | 10-K |
| FY2013 | $267.0M | +3.1% | 10-K |
| FY2012 | $259.0M | -1.1% | 10-K |
| FY2011 | $262.0M | +2.3% | 10-K |
| FY2010 | $256.0M | +0.0% | 10-K |
| FY2009 | $256.0M | +6.7% | 10-K |
| FY2008 | $240.0M | - | 10-K |
Company: COLGATE PALMOLIVE COTicker: CLSector: EnergyIndustry: Perfumes, Cosmetics & Other Toilet PreparationsView company profile →