Comparing SG&A Expenses: Textron Inc. vs ITT Inc. Trends and Insights

SG&A Expenses: A Tale of Two Giants

In the competitive landscape of aerospace and industrial manufacturing, Textron Inc. and ITT Inc. have showcased intriguing trends in their Selling, General, and Administrative (SG&A) expenses over the past decade. From 2014 to 2023, Textron Inc. consistently outpaced ITT Inc. in SG&A spending, with Textron's expenses peaking at a staggering 1.3 billion in 2023, a remarkable 10-fold increase from the previous year. In contrast, ITT Inc. maintained a more stable trajectory, with expenses fluctuating around 400 million, reflecting a more conservative approach. Notably, 2020 marked a low point for both companies, likely due to global economic challenges. As we look to the future, the absence of ITT's 2024 data leaves room for speculation on their strategic direction. This analysis offers a window into the financial strategies of these industry leaders, highlighting Textron's aggressive expansion and ITT's steady course.