Breaking Down SG&A Expenses: CNH Industrial N.V. vs Pool Corporation

SG&A Expenses: A Tale of Two Companies

In the world of corporate finance, Selling, General, and Administrative (SG&A) expenses are a crucial indicator of a company's operational efficiency. This chart provides a fascinating comparison between CNH Industrial N.V. and Pool Corporation over the past decade.

A Decade of Change

From 2014 to 2023, CNH Industrial N.V. saw a significant reduction in SG&A expenses, dropping by approximately 36% from its peak in 2014. This decline reflects strategic cost-cutting measures and operational efficiencies. In contrast, Pool Corporation experienced a steady increase in SG&A expenses, rising by about 101% over the same period, indicating expansion and increased operational activities.

Insights and Implications

While CNH Industrial N.V. focuses on streamlining, Pool Corporation's growth trajectory suggests a different strategy. Investors and analysts can glean insights into each company's priorities and market strategies through these trends.