Cost Management Insights: SG&A Expenses for Honeywell International Inc. and TransUnion

Cost Management Insights: A Comparative Analysis of SG&A Expenses

In the ever-evolving landscape of corporate finance, understanding cost management is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two industry giants: Honeywell International Inc. and TransUnion, from 2014 to 2023.

Honeywell International Inc.

Honeywell's SG&A expenses have shown a fluctuating trend over the past decade. Starting at approximately $5.5 billion in 2014, they peaked at around $6 billion in 2018, before declining to about $4.7 billion in 2023. This represents a 15% decrease from their highest point, indicating strategic cost management efforts.

TransUnion

In contrast, TransUnion's SG&A expenses have steadily increased, from $436 million in 2014 to $1.17 billion in 2023, marking a 168% rise. This growth reflects the company's expansion and investment in administrative capabilities.

Conclusion

This comparative analysis highlights the distinct cost management strategies of Honeywell and TransUnion, offering valuable insights for investors and financial analysts.