Operational Costs Compared: SG&A Analysis of CNH Industrial N.V. and AECOM

A Comparative Analysis of SG&A Expenses: CNH Industrial N.V. vs. AECOM

In the ever-evolving landscape of global business, operational efficiency is paramount. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two industry giants: CNH Industrial N.V. and AECOM, from 2014 to 2023. Over this decade, CNH Industrial N.V. consistently reported higher SG&A expenses, peaking in 2014 with nearly 2.93 billion USD, while AECOM's expenses were significantly lower, averaging around 139 million USD annually.

Interestingly, CNH Industrial N.V. saw a 40% reduction in SG&A expenses by 2022, reflecting strategic cost management. In contrast, AECOM's expenses grew by approximately 98% over the same period, indicating expansion or increased operational costs. The data for 2024 is incomplete, highlighting the dynamic nature of financial reporting. This comparative insight underscores the diverse strategies employed by these corporations in managing operational costs.