Selling, General, and Administrative Costs: Curtiss-Wright Corporation vs Nordson Corporation

A Tale of Two Corporations: SG&A Expenses Over Time

In the competitive landscape of industrial manufacturing, Curtiss-Wright Corporation and Nordson Corporation have been pivotal players. From 2014 to 2023, these companies have navigated the financial currents of Selling, General, and Administrative (SG&A) expenses with distinct strategies. Curtiss-Wright's SG&A expenses have shown a steady increase, peaking in 2023 with a 30% rise from their 2016 low. Meanwhile, Nordson Corporation has consistently outpaced Curtiss-Wright, with expenses growing by approximately 40% over the same period, reaching their zenith in 2024. This trend highlights Nordson's aggressive expansion and investment in administrative capabilities. However, the data for 2024 is incomplete for Curtiss-Wright, leaving room for speculation on their strategic moves. As these giants continue to evolve, their financial maneuvers offer a fascinating glimpse into the industrial sector's future.