__timestamp | IDEX Corporation | RTX Corporation |
---|---|---|
Wednesday, January 1, 2014 | 504419000 | 6500000000 |
Thursday, January 1, 2015 | 479408000 | 5886000000 |
Friday, January 1, 2016 | 498994000 | 6060000000 |
Sunday, January 1, 2017 | 524940000 | 6183000000 |
Monday, January 1, 2018 | 536724000 | 7066000000 |
Tuesday, January 1, 2019 | 524987000 | 8521000000 |
Wednesday, January 1, 2020 | 494935000 | 5540000000 |
Friday, January 1, 2021 | 578200000 | 5224000000 |
Saturday, January 1, 2022 | 652700000 | 5663000000 |
Sunday, January 1, 2023 | 703500000 | 4029000000 |
Monday, January 1, 2024 | 758700000 | 5806000000 |
Unleashing insights
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 industry giants: RTX Corporation and IDEX Corporation, from 2014 to 2023.
Over the past decade, RTX Corporation has consistently reported higher SG&A expenses compared to IDEX, with RTX's expenses peaking in 2019. Interestingly, RTX's SG&A expenses saw a significant drop of approximately 53% from 2019 to 2023, reflecting strategic cost management or market shifts. In contrast, IDEX Corporation's SG&A expenses have shown a steady upward trend, increasing by about 47% over the same period, indicating potential growth or expansion strategies.
This comparative analysis highlights the dynamic nature of corporate financial strategies and the importance of monitoring operational costs to maintain competitive advantage.