Comparing SG&A Expenses: Caterpillar Inc. vs Elbit Systems Ltd. Trends and Insights

SG&A Expenses: A Tale of Two Giants

In the world of industrial and defense sectors, understanding the financial health of companies is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Caterpillar Inc. and Elbit Systems Ltd. over the past decade.

Key Insights

From 2014 to 2023, Caterpillar Inc. has consistently outpaced Elbit Systems Ltd. in SG&A expenses, reflecting its larger scale of operations. In 2023, Caterpillar's expenses surged by approximately 12% from 2022, reaching a peak, while Elbit Systems saw a 9% increase. This trend highlights Caterpillar's expansive operational footprint compared to Elbit's more focused defense sector operations.

Trends Over Time

Caterpillar's expenses fluctuated, with a notable dip in 2016, while Elbit Systems showed a steady upward trajectory, indicating strategic investments in growth. These insights provide a window into the operational strategies of these industry leaders, offering valuable lessons for investors and analysts alike.