Selling, General, and Administrative Costs: Emerson Electric Co. vs CNH Industrial N.V.

A Comparative Analysis of SG&A Expenses: Emerson Electric Co. vs CNH Industrial N.V.

In the ever-evolving landscape of industrial giants, understanding the financial dynamics of companies like Emerson Electric Co. and CNH Industrial N.V. is crucial. Over the past decade, these two titans have showcased distinct trends in their Selling, General, and Administrative (SG&A) expenses.

Emerson Electric Co.

Emerson Electric Co. has consistently maintained higher SG&A expenses, peaking in 2014 with a 5.7 billion USD expenditure. Despite fluctuations, their expenses have shown a general downward trend, with a notable dip in 2016 to 3.5 billion USD, before stabilizing around 4.2 billion USD in recent years.

CNH Industrial N.V.

Conversely, CNH Industrial N.V. started with a high of 2.9 billion USD in 2014, but their SG&A expenses have generally decreased, reaching a low of 1.8 billion USD in 2022. This reflects a strategic shift towards cost efficiency.

Conclusion

While Emerson Electric Co. has managed to stabilize its expenses, CNH Industrial N.V. has aggressively cut costs, highlighting different strategic priorities. Missing data for 2024 suggests ongoing financial adjustments.