Emerson Electric Co. vs IDEX Corporation: SG&A Expense Trends

SG&A Expense Trends: Emerson Electric Co. vs IDEX Corporation

In the competitive landscape of industrial manufacturing, understanding the financial health of companies is crucial. Emerson Electric Co. and IDEX Corporation, two giants in the sector, have shown distinct trends in their Selling, General, and Administrative (SG&A) expenses over the past decade. From 2014 to 2023, Emerson Electric Co. experienced a notable fluctuation, with a peak in 2014 and a significant dip in 2016, reflecting a 39% decrease. However, by 2023, their expenses rebounded to approximately 73% of their 2014 levels. In contrast, IDEX Corporation maintained a more stable trajectory, with a gradual increase in SG&A expenses, culminating in a 40% rise by 2023. This divergence highlights Emerson's strategic cost management and IDEX's steady growth approach. Notably, data for 2024 is incomplete, leaving room for speculation on future trends.