Deere & Company vs Johnson Controls International plc: SG&A Expense Trends

SG&A Expense Trends: A Tale of Two Giants

In the world of industrial giants, Deere & Company and Johnson Controls International plc have long been at the forefront. Over the past decade, their Selling, General, and Administrative (SG&A) expenses have shown intriguing trends. From 2014 to 2024, Deere & Company saw a steady increase in SG&A expenses, peaking in 2024 with a 37% rise from 2014. Meanwhile, Johnson Controls experienced a more volatile journey, with a notable 56% surge in 2017, followed by fluctuations that culminated in a 31% increase by 2023 compared to 2014. These trends reflect strategic shifts and market dynamics impacting their operational efficiencies. As these companies navigate the complexities of the global market, understanding their SG&A expenses offers valuable insights into their financial health and strategic priorities.