Cost Management Insights: SG&A Expenses for Hubbell Incorporated and Curtiss-Wright Corporation

Navigating SG&A Expenses: A Tale of Two Corporations

In the competitive landscape of industrial manufacturing, effective cost management is crucial. Over the past decade, Hubbell Incorporated and Curtiss-Wright Corporation have demonstrated distinct strategies in managing their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Hubbell's SG&A expenses surged by approximately 43%, peaking in 2023. This reflects a strategic investment in growth and operational expansion. In contrast, Curtiss-Wright's expenses grew by about 17%, indicating a more conservative approach, with a notable spike in 2023. This divergence highlights the companies' differing priorities: Hubbell's aggressive market positioning versus Curtiss-Wright's focus on efficiency. As the industrial sector evolves, these insights offer a window into how leading firms balance cost control with strategic growth.