Selling, General, and Administrative Costs: Hubbell Incorporated vs ITT Inc.

A Decade of SG&A Trends: Hubbell Incorporated vs. ITT Inc.

In the ever-evolving landscape of industrial manufacturing, understanding the financial health of companies is crucial. Over the past decade, from 2014 to 2023, Hubbell Incorporated and ITT Inc. have showcased distinct trajectories in their Selling, General, and Administrative (SG&A) expenses.

Hubbell Incorporated has seen a steady increase in SG&A costs, peaking in 2023 with an impressive 43% rise from 2014. This growth reflects their strategic investments in expanding operations and enhancing market presence. In contrast, ITT Inc. experienced a more volatile pattern, with a notable dip in 2020, likely due to global economic challenges. However, by 2023, ITT Inc. managed a recovery, achieving a 9% increase from their 2014 figures.

These trends highlight the resilience and adaptability of these industrial giants, offering valuable insights for investors and industry analysts alike.