Avery Dennison Corp (AVY) Research and Development Expense USD 2009 - 2023

Historical data

Taxonomy & unit
us-gaap: USD
Description
The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use.
Summary
Avery Dennison Corp annual/quarterly Research and Development Expense history and growth rate from 2009 to 2023.
  • Avery Dennison Corp Research and Development Expense for the quarter ending June 29, 2013 was $25.1 M, a 4.56% decline year-over-year.
  • Avery Dennison Corp Research and Development Expense for the twelve months ending June 29, 2013 was $96.4 M, a 3.21% decline year-over-year.
  • Avery Dennison Corp annual Research and Development Expense for 2023 was $136 M, a 0.22% decline from 2022.
  • Avery Dennison Corp annual Research and Development Expense for 2022 was $136 M, a 0.37% decline from 2021.
  • Avery Dennison Corp annual Research and Development Expense for 2021 was $137 M, a 21.1% increase from 2020.
Research and Development Expense, Trailing 12 Months (USD)
Research and Development Expense, Annual Data (USD)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $136 M -$300 K -0.22% Jan 1, 2023 Dec 30, 2023 10-K 2024-02-21
2022 $136 M -$500 K -0.37% Jan 2, 2022 Dec 31, 2022 10-K 2024-02-21
2021 $137 M +$23.8 M +21.1% Jan 3, 2021 Jan 1, 2022 10-K 2024-02-21
2020 $113 M +$20.2 M +21.8% Dec 29, 2019 Jan 2, 2021 10-K 2023-02-22
2019 $92.6 M -$5.6 M -5.7% Dec 30, 2018 Dec 28, 2019 10-K 2022-02-23
2018 $98.2 M +$4.8 M +5.14% Dec 31, 2017 Dec 29, 2018 10-K 2021-02-25
2017 $93.4 M +$3.7 M +4.13% Jan 1, 2017 Dec 30, 2017 10-K 2020-02-26
2016 $89.7 M -$2.2 M -2.39% Jan 3, 2016 Dec 31, 2016 10-K 2019-02-27
2015 $91.9 M -$10.6 M -10.3% Jan 4, 2015 Jan 2, 2016 10-K 2018-02-21
2014 $103 M +$6.5 M +6.77% Dec 29, 2013 Jan 3, 2015 10-K 2017-02-23
2013 $96 M -$2.6 M -2.64% Dec 30, 2012 Dec 28, 2013 10-K 2016-02-24
2012 $98.6 M +$4.8 M +5.12% Jan 1, 2012 Dec 29, 2012 10-K 2015-02-25
2011 $93.8 M +$5.4 M +6.11% Jan 2, 2011 Dec 31, 2011 10-K 2014-02-26
2010 $88.4 M +$9.5 M +12% Jan 3, 2010 Jan 1, 2011 10-K 2013-02-27
2009 $78.9 M Dec 28, 2008 Jan 2, 2010 10-K 2012-02-27
* An asterisk sign (*) next to the value indicates that the value is likely invalid.