A Comparative Analysis of SG&A Expenses: RTX Corporation vs Rentokil Initial plc

In the ever-evolving landscape of corporate finance, understanding the nuances of Selling, General, and Administrative (SG&A) expenses is crucial. Over the past decade, RTX Corporation and Rentokil Initial plc have showcased contrasting trends in their SG&A expenditures. From 2014 to 2023, RTX Corporation's SG&A costs fluctuated, peaking in 2019 with a 41% increase from 2014, before dropping to its lowest in 2023. In contrast, Rentokil Initial plc experienced a more volatile journey, with a significant spike in 2023, marking a 200% increase from its 2019 low. This divergence highlights the strategic differences in managing operational costs between a defense giant and a pest control leader. As we look to the future, the absence of data for Rentokil in 2024 leaves room for speculation on its financial trajectory.