SG&A Expenses: A Tale of Two Companies

Graco Inc. vs ITT Inc.: A Decade of Financial Insights

Over the past decade, the Selling, General, and Administrative (SG&A) expenses of Graco Inc. and ITT Inc. have showcased intriguing trends. From 2014 to 2023, Graco Inc. saw a steady increase in SG&A expenses, peaking at approximately 465 million in 2023, marking a 53% rise from 2014. In contrast, ITT Inc. experienced fluctuations, with a notable dip in 2020 to around 347 million, before rebounding to 477 million in 2023.

This financial journey highlights Graco's consistent growth strategy, while ITT's path reflects a more volatile market adaptation. The absence of data for ITT in 2024 suggests potential reporting delays or strategic shifts. These insights provide a window into the operational strategies of these industrial giants, offering valuable lessons for investors and industry analysts alike.