SG&A Expense Trends: Honeywell International Inc. vs Xylem Inc.

In the ever-evolving landscape of industrial giants, understanding the financial health of companies is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Honeywell International Inc. and Xylem Inc. over the past decade, from 2014 to 2023.

A Decade of Financial Insights

Honeywell, a leader in diversified technology, saw its SG&A expenses fluctuate, peaking in 2018 and then declining by approximately 23% by 2023. In contrast, Xylem, a water technology company, experienced a steady increase, with expenses rising by about 90% over the same period.

Strategic Implications

These trends highlight Honeywell's focus on cost optimization, while Xylem's rising expenses may reflect strategic investments in growth. Investors and analysts should consider these patterns when evaluating the companies' operational efficiencies and future prospects.