Caterpillar Inc. or Curtiss-Wright Corporation: Who Manages SG&A Costs Better?

__timestampCaterpillar Inc.Curtiss-Wright Corporation
Wednesday, January 1, 20145697000000426301000
Thursday, January 1, 20154951000000411801000
Friday, January 1, 20164686000000383793000
Sunday, January 1, 20175177000000418544000
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Tuesday, January 1, 20195162000000422272000
Wednesday, January 1, 20204642000000412825000
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Sunday, January 1, 20236371000000496812000
Monday, January 1, 20246667000000518857000
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Managing SG&A Costs: A Tale of Two Giants

In the competitive world of industrial manufacturing, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Caterpillar Inc. and Curtiss-Wright Corporation, two titans in their respective fields, have shown distinct approaches over the past decade. From 2014 to 2023, Caterpillar's SG&A expenses fluctuated, peaking in 2023 with a 35% increase from its 2016 low. In contrast, Curtiss-Wright maintained a more stable trajectory, with a modest 30% rise over the same period. This stability suggests a disciplined approach to cost management, despite being a smaller player. While Caterpillar's larger scale might justify higher expenses, Curtiss-Wright's consistent control over SG&A costs highlights its operational efficiency. As industries evolve, these insights into cost management strategies offer valuable lessons for businesses aiming to optimize their financial performance.

Short Description

"SG&A Cost Management: Caterpillar vs. Curtiss-Wright"

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025