Selling, General, and Administrative Costs: Pentair plc vs IDEX Corporation

A Tale of Two Giants: Pentair plc vs IDEX Corporation

In the ever-evolving landscape of industrial manufacturing, understanding the financial health of companies is crucial. Selling, General, and Administrative (SG&A) expenses are a key indicator of operational efficiency. Over the past decade, Pentair plc and IDEX Corporation have shown contrasting trends in their SG&A expenses.

From 2014 to 2023, Pentair plc's SG&A expenses have seen a significant decline of approximately 54%, from a peak in 2014 to a more streamlined figure in recent years. This reduction reflects Pentair's strategic cost management and operational efficiency improvements. In contrast, IDEX Corporation has experienced a steady increase of about 40% in SG&A expenses, indicating potential expansion and investment in growth initiatives.

These trends highlight the different strategic paths taken by these industry leaders, offering valuable insights into their operational priorities and market positioning.