Selling, General, and Administrative Costs: Hubbell Incorporated vs IDEX Corporation

SG&A Costs: Hubbell vs. IDEX Over a Decade

__timestampHubbell IncorporatedIDEX Corporation
Wednesday, January 1, 2014591600000504419000
Thursday, January 1, 2015617200000479408000
Friday, January 1, 2016622900000498994000
Sunday, January 1, 2017648200000524940000
Monday, January 1, 2018743500000536724000
Tuesday, January 1, 2019756100000524987000
Wednesday, January 1, 2020676300000494935000
Friday, January 1, 2021619200000578200000
Saturday, January 1, 2022762500000652700000
Sunday, January 1, 2023848600000703500000
Monday, January 1, 2024812500000758700000
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Unveiling the hidden dimensions of data

A Decade of SG&A Trends: Hubbell vs. IDEX

In the competitive landscape of industrial manufacturing, understanding cost structures is crucial. Over the past decade, Hubbell Incorporated and IDEX Corporation have shown distinct trends in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Hubbell's SG&A costs surged by approximately 43%, peaking in 2023. In contrast, IDEX's expenses grew by about 39% over the same period. Notably, both companies experienced a dip in 2020, likely reflecting pandemic-related cost adjustments. By 2023, Hubbell's SG&A expenses were about 20% higher than IDEX's, highlighting its aggressive expansion or operational strategies. These trends offer insights into how each company navigates economic challenges and opportunities, providing a window into their strategic priorities. As the industrial sector evolves, monitoring these financial metrics will be key to understanding future market dynamics.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025