Cost Management Insights: SG&A Expenses for Curtiss-Wright Corporation and Allegion plc

Navigating SG&A Expenses: A Tale of Two Corporations

In the ever-evolving landscape of corporate finance, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. This analysis delves into the SG&A trends of Curtiss-Wright Corporation and Allegion plc from 2014 to 2023. Over this period, Allegion plc has seen a remarkable 64% increase in SG&A expenses, peaking in 2023. This upward trajectory reflects strategic investments in growth and market expansion. In contrast, Curtiss-Wright Corporation's SG&A expenses have grown by approximately 17%, indicating a more conservative approach to cost management. The year 2023 marked a significant milestone for both companies, with Allegion's expenses reaching their highest point, while Curtiss-Wright experienced a notable 12% increase from the previous year. These insights underscore the diverse strategies employed by these industry leaders in navigating the complexities of cost management.