Clean Harbors, Inc. and Nordson Corporation: SG&A Spending Patterns Compared

SG&A Spending Patterns: A Tale of Two Corporations

In the ever-evolving landscape of corporate finance, understanding the spending patterns of industry giants can offer valuable insights. Clean Harbors, Inc. and Nordson Corporation, two stalwarts in their respective fields, have exhibited distinct trends in their Selling, General, and Administrative (SG&A) expenses over the past decade.

From 2014 to 2023, Clean Harbors, Inc. saw a steady increase in SG&A expenses, peaking in 2023 with a 53% rise from their 2014 levels. This upward trajectory reflects their strategic investments in operational efficiency and market expansion. In contrast, Nordson Corporation's SG&A expenses have shown a more moderate growth, with a notable 40% increase over the same period, highlighting their focus on sustainable growth and innovation.

Interestingly, while Clean Harbors experienced a consistent climb, Nordson's expenses dipped slightly in 2023, suggesting a potential shift in their financial strategy. As we look to 2024, Nordson's data remains incomplete, leaving room for speculation on their future financial maneuvers.