Selling, General, and Administrative Costs: Deere & Company vs Parker-Hannifin Corporation

SG&A Expenses: A Decade of Strategic Financial Management

__timestampDeere & CompanyParker-Hannifin Corporation
Wednesday, January 1, 201432844000001633992000
Thursday, January 1, 201528733000001544746000
Friday, January 1, 201627637000001359360000
Sunday, January 1, 201730666000001453935000
Monday, January 1, 201834555000001657152000
Tuesday, January 1, 201935510000001543939000
Wednesday, January 1, 202034770000001656553000
Friday, January 1, 202133830000001527302000
Saturday, January 1, 202238630000001627116000
Sunday, January 1, 202336010000003354103000
Monday, January 1, 202445070000003315177000
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A Comparative Analysis of SG&A Expenses: Deere & Company vs Parker-Hannifin Corporation

In the competitive landscape of industrial manufacturing, understanding the financial strategies of leading companies is crucial. Over the past decade, Deere & Company and Parker-Hannifin Corporation have demonstrated distinct approaches to managing their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2024, Deere & Company consistently allocated a higher percentage of its revenue to SG&A costs, peaking in 2024 with a 30% increase from its 2014 figures. In contrast, Parker-Hannifin Corporation maintained a more conservative growth in SG&A expenses, with a notable surge in 2023, doubling its 2014 expenditure. This divergence highlights Deere's aggressive investment in administrative capabilities, while Parker-Hannifin's strategy reflects a more measured approach. As these industry giants continue to evolve, their financial strategies offer valuable insights into their operational priorities and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025