SG&A Expense Trends: A Tale of Two Corporations

In the ever-evolving landscape of corporate finance, understanding the trends in Selling, General, and Administrative (SG&A) expenses is crucial for investors and analysts alike. Over the past decade, RTX Corporation and Carlisle Companies Incorporated have showcased distinct trajectories in their SG&A expenditures.

A Decade of Change

From 2014 to 2023, Carlisle Companies saw a steady increase in SG&A expenses, peaking in 2022 with an 114% rise from 2014 levels. This growth reflects strategic investments and expansion efforts. Conversely, RTX Corporation experienced a more volatile pattern, with a notable 38% drop in 2023 compared to its 2019 peak. This decline may indicate cost-cutting measures or shifts in operational strategy.

Missing Data and Future Projections

While 2024 data for Carlisle is unavailable, RTX shows a rebound, suggesting potential recovery or strategic realignment. As these companies navigate future challenges, their SG&A trends will remain a key indicator of financial health and strategic direction.