| __timestamp | CNH Industrial N.V. | IDEX Corporation |
|---|---|---|
| Wednesday, January 1, 2014 | 2925000000 | 504419000 |
| Thursday, January 1, 2015 | 2317000000 | 479408000 |
| Friday, January 1, 2016 | 2262000000 | 498994000 |
| Sunday, January 1, 2017 | 2330000000 | 524940000 |
| Monday, January 1, 2018 | 2351000000 | 536724000 |
| Tuesday, January 1, 2019 | 2216000000 | 524987000 |
| Wednesday, January 1, 2020 | 2155000000 | 494935000 |
| Friday, January 1, 2021 | 2443000000 | 578200000 |
| Saturday, January 1, 2022 | 1752000000 | 652700000 |
| Sunday, January 1, 2023 | 1863000000 | 703500000 |
| Monday, January 1, 2024 | 758700000 |
Cracking the code
In the ever-evolving landscape of industrial giants, understanding the financial dynamics of companies like IDEX Corporation and CNH Industrial N.V. is crucial. Over the past decade, from 2014 to 2023, these two companies have showcased distinct trends in their Selling, General, and Administrative (SG&A) expenses.
IDEX Corporation has demonstrated a steady increase in its SG&A expenses, growing by approximately 40% over this period. This upward trajectory reflects its strategic investments in operational efficiency and market expansion. In contrast, CNH Industrial N.V. experienced a more volatile pattern, with a notable 40% decrease in SG&A expenses from 2014 to 2022, before a slight recovery in 2023. This fluctuation may indicate strategic cost-cutting measures or shifts in business focus.
These insights provide a window into the financial strategies of these industrial leaders, offering valuable lessons for investors and industry analysts alike.
