Breaking Down SG&A Expenses: RTX Corporation vs Hubbell Incorporated

A Comparative Analysis of SG&A Expenses: RTX Corporation vs. Hubbell Incorporated

In the ever-evolving landscape of corporate finance, understanding the nuances of Selling, General, and Administrative (SG&A) expenses is crucial. Over the past decade, RTX Corporation and Hubbell Incorporated have showcased distinct financial trajectories. From 2014 to 2023, RTX Corporation's SG&A expenses have fluctuated, peaking in 2019 with a notable 8.5 billion USD, before experiencing a decline to 4 billion USD in 2023. This represents a significant reduction of over 50% in just four years. In contrast, Hubbell Incorporated has maintained a more stable pattern, with expenses gradually increasing by approximately 43% from 2014 to 2023, reaching 848 million USD. The data for 2024 remains incomplete, highlighting the dynamic nature of financial forecasting. This analysis underscores the importance of strategic financial management in navigating economic challenges and opportunities.