Honeywell International Inc. vs Roper Technologies, Inc.: SG&A Expense Trends

SG&A Expense Trends: Honeywell vs. Roper Technologies

In the ever-evolving landscape of industrial giants, Honeywell International Inc. and Roper Technologies, Inc. have showcased intriguing trends in their Selling, General, and Administrative (SG&A) expenses over the past decade. From 2014 to 2023, Honeywell's SG&A expenses peaked in 2018, reaching approximately 6 billion, before experiencing a gradual decline to around 4.7 billion by 2023. This represents a reduction of nearly 23% from its peak.

Conversely, Roper Technologies has seen a consistent upward trajectory in its SG&A expenses, growing from about 1.1 billion in 2014 to over 2.3 billion in 2021, marking an impressive increase of over 110%. However, a slight dip was observed in 2023, bringing it down to approximately 1.9 billion. These trends reflect strategic shifts and market adaptations by both companies, offering a fascinating glimpse into their operational priorities and financial strategies.