__timestamp | Nordson Corporation | Owens Corning |
---|---|---|
Wednesday, January 1, 2014 | 577993000 | 487000000 |
Thursday, January 1, 2015 | 596234000 | 525000000 |
Friday, January 1, 2016 | 605068000 | 584000000 |
Sunday, January 1, 2017 | 681299000 | 620000000 |
Monday, January 1, 2018 | 741408000 | 700000000 |
Tuesday, January 1, 2019 | 708990000 | 698000000 |
Wednesday, January 1, 2020 | 693552000 | 664000000 |
Friday, January 1, 2021 | 708953000 | 757000000 |
Saturday, January 1, 2022 | 724176000 | 803000000 |
Sunday, January 1, 2023 | 681244000 | 831000000 |
Monday, January 1, 2024 | 812128000 |
Unlocking the unknown
In the ever-evolving landscape of corporate finance, understanding operational costs is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two industrial giants: Owens Corning and Nordson Corporation, from 2014 to 2023. Over this decade, Nordson Corporation's SG&A expenses have shown a steady increase, peaking in 2024 with a 40% rise from 2014. Owens Corning, on the other hand, experienced a more volatile trajectory, with a notable 71% increase in SG&A expenses by 2023 compared to 2014. Interestingly, Owens Corning's expenses surpassed Nordson's in 2022, highlighting a shift in operational dynamics. The data for 2024 is incomplete for Owens Corning, indicating potential future insights. This comparative analysis underscores the importance of strategic cost management in maintaining competitive advantage.