Comparing SG&A Expenses: Deere & Company vs Dover Corporation Trends and Insights

SG&A Expenses: A Tale of Two Giants

In the world of industrial giants, understanding the financial dynamics is crucial. Deere & Company and Dover Corporation, two stalwarts in their respective fields, have shown intriguing trends in their Selling, General, and Administrative (SG&A) expenses over the past decade. From 2014 to 2023, Deere & Company consistently outpaced Dover Corporation in SG&A spending, with a notable 37% increase from 2014 to 2023. In contrast, Dover Corporation's expenses remained relatively stable, fluctuating around a 4% range. The year 2024, however, presents a gap in Dover's data, leaving room for speculation. This analysis not only highlights the operational strategies of these companies but also offers insights into their financial priorities. As we delve deeper into these trends, the data reveals a story of growth, stability, and strategic financial management.