Selling, General, and Administrative Costs: Hubbell Incorporated vs Jacobs Engineering Group Inc.

A Comparative Analysis of SG&A Expenses: Hubbell vs. Jacobs Engineering

In the ever-evolving landscape of corporate finance, Selling, General, and Administrative (SG&A) expenses serve as a critical indicator of a company's operational efficiency. From 2014 to 2023, Hubbell Incorporated and Jacobs Engineering Group Inc. have demonstrated distinct trajectories in their SG&A expenditures.

Hubbell's SG&A costs have shown a steady increase, peaking at approximately $848 million in 2023, marking a 43% rise from 2014. In contrast, Jacobs Engineering's expenses have fluctuated more dramatically, reaching a high of around $2.4 billion in 2022, a 56% increase from their 2014 figures.

This divergence highlights differing strategic priorities and operational challenges faced by these industry giants. While Hubbell's growth appears more linear, Jacobs' expenses reflect a more volatile pattern, possibly due to larger-scale projects or acquisitions. Notably, 2024 data for Hubbell is missing, leaving room for speculation on future trends.