Hubbell Incorporated or Nordson Corporation: Who Manages SG&A Costs Better?

Who Manages SG&A Costs Better: Hubbell or Nordson?

In the competitive landscape of industrial manufacturing, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. From 2014 to 2023, Hubbell Incorporated and Nordson Corporation have shown distinct strategies in handling these costs.

Hubbell's SG&A expenses have seen a steady increase, peaking in 2023 with a 43% rise from 2014. This upward trend suggests a strategic investment in administrative capabilities, possibly to support expansion. In contrast, Nordson's expenses have fluctuated, with a notable dip in 2023, reflecting a 15% decrease from the previous year. This could indicate a focus on cost efficiency or a shift in operational strategy.

While both companies have their strengths, Nordson's ability to reduce SG&A costs in recent years may give it a competitive edge in cost management. However, the absence of data for Hubbell in 2024 leaves room for speculation on future trends.