Procter & Gamble Research and Development Costs (2001-2018)
The following table shows the R&D Expenses of P&G from 2001-2018. The sums are in Million Dollars.
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The R&D Expenses of P&G climbed to 1.9 Billion dollars in 2018 from 1.87 Billion dollars in 2017.
About Procter & Gamble:
Procter & Gamble was incorporated in Ohio in 1905. However, the original business upon which P&G was built was founded in 1837 by William Procter and James Gamble. P&G offers a large range of consumer packaged goods. Today, its products sell across more than 180 countries and territories. The company operates across five reportable segments that include Beauty; Grooming; Health Care; Fabric & Home Care and Baby, Feminine & Family Care. The largest segment among these is fabric and homeware followed by Baby, Feminine and Family Care. Its largest market is united States which accounts for 41% of its net sales. P&G also spends a large sum on Research and development as well as marketing every year. The brand has focused its business on 65 brands across 10 product categories.
P&G Annual Reports