Operational Costs Compared: SG&A Analysis of HEICO Corporation and Hubbell Incorporated

A Comparative Analysis of SG&A Expenses: HEICO vs. Hubbell

In the competitive landscape of aerospace and electrical products, operational efficiency is paramount. HEICO Corporation and Hubbell Incorporated, two industry giants, have shown distinct trends in their Selling, General, and Administrative (SG&A) expenses over the past decade. From 2014 to 2023, HEICO's SG&A expenses surged by approximately 247%, reflecting strategic investments and expansion efforts. In contrast, Hubbell's expenses grew by about 43%, indicating a more conservative approach.

Key Insights

• HEICO's Growth: HEICO's SG&A expenses peaked in 2023, marking a significant increase from previous years, suggesting aggressive growth strategies.
• Hubbell's Stability: Despite fluctuations, Hubbell maintained a steady increase, with a notable peak in 2023.
• Missing Data: The absence of 2024 data for Hubbell highlights potential reporting delays or strategic shifts.

This analysis underscores the diverse strategies these corporations employ to navigate their respective markets.