Comparing SG&A Expenses: Hubbell Incorporated vs Snap-on Incorporated Trends and Insights

SG&A Expenses: Hubbell vs. Snap-on, A Decade of Insights

__timestampHubbell IncorporatedSnap-on Incorporated
Wednesday, January 1, 20145916000001047900000
Thursday, January 1, 20156172000001009100000
Friday, January 1, 20166229000001001400000
Sunday, January 1, 20176482000001101300000
Monday, January 1, 20187435000001080700000
Tuesday, January 1, 20197561000001071500000
Wednesday, January 1, 20206763000001054800000
Friday, January 1, 20216192000001202300000
Saturday, January 1, 20227625000001181200000
Sunday, January 1, 20238486000001249000000
Monday, January 1, 20248125000000
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Unveiling the hidden dimensions of data

SG&A Expenses: A Tale of Two Companies

Hubbell vs. Snap-on: A Decade of Financial Insights

Over the past decade, the Selling, General, and Administrative (SG&A) expenses of Hubbell Incorporated and Snap-on Incorporated have showcased intriguing trends. From 2014 to 2023, Snap-on consistently outpaced Hubbell in SG&A spending, with an average of 1.1 billion annually, compared to Hubbell's 689 million. Notably, Snap-on's expenses peaked in 2023, reaching 1.25 billion, marking a 19% increase from 2014. Meanwhile, Hubbell's expenses grew by 43% over the same period, culminating in 848 million in 2023. This divergence highlights Snap-on's steady financial strategy, while Hubbell's more dynamic growth trajectory suggests strategic investments in operational expansion. As these companies navigate the competitive landscape, their SG&A trends offer valuable insights into their operational priorities and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025