Breaking Down SG&A Expenses: Avery Dennison Corporation vs Curtiss-Wright Corporation

A Tale of Two Corporations: SG&A Expenses Over Time

In the world of corporate finance, Selling, General, and Administrative (SG&A) expenses are a critical measure of a company's operational efficiency. Over the past decade, Avery Dennison Corporation and Curtiss-Wright Corporation have showcased contrasting trends in their SG&A expenses. From 2014 to 2023, Avery Dennison's SG&A expenses have seen a steady increase, peaking in 2022 with a 15% rise from 2014. In contrast, Curtiss-Wright's expenses have remained relatively stable, with a modest 17% increase over the same period. This divergence highlights Avery Dennison's aggressive growth strategy, while Curtiss-Wright maintains a more conservative approach. As businesses navigate the complexities of the modern economy, understanding these financial dynamics is crucial for investors and stakeholders alike.