Comparing SG&A Expenses: Emerson Electric Co. vs ITT Inc. Trends and Insights

A Decade of SG&A Trends: Emerson Electric Co. vs ITT Inc.

In the ever-evolving landscape of industrial giants, Emerson Electric Co. and ITT Inc. have showcased intriguing trends in their Selling, General, and Administrative (SG&A) expenses over the past decade. From 2014 to 2023, Emerson Electric Co. experienced a notable fluctuation, with expenses peaking in 2014 and dipping significantly by 2020. However, a resurgence is evident, with a 24% increase from 2020 to 2024. In contrast, ITT Inc. maintained a more stable trajectory, with a slight decline in expenses, averaging around 430 million annually. The data reveals a strategic shift in Emerson's financial management, possibly indicating a focus on operational efficiency. Meanwhile, ITT's consistent spending suggests a steady approach to administrative costs. As we look to 2024, Emerson's data remains incomplete, hinting at potential strategic pivots. This analysis offers a window into the financial strategies of these industrial leaders.