Selling, General, and Administrative Costs: Saia, Inc. vs ITT Inc.

SG&A Expenses: ITT Inc. vs Saia, Inc. (2014-2023)

__timestampITT Inc.Saia, Inc.
Wednesday, January 1, 201451950000037563000
Thursday, January 1, 201544150000026832000
Friday, January 1, 201644410000039625000
Sunday, January 1, 201743370000037162000
Monday, January 1, 201842730000038425000
Tuesday, January 1, 201942000000043073000
Wednesday, January 1, 202034720000049761000
Friday, January 1, 202136510000061345000
Saturday, January 1, 202236850000056601000
Sunday, January 1, 202347660000067984000
Monday, January 1, 2024502300000
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Unlocking the unknown

A Tale of Two Companies: SG&A Expenses Over Time

In the competitive landscape of corporate America, understanding the financial health of companies is crucial. Selling, General, and Administrative (SG&A) expenses are a key indicator of operational efficiency. From 2014 to 2023, ITT Inc. and Saia, Inc. have shown contrasting trends in their SG&A expenses.

ITT Inc., a leader in the engineering sector, saw a 9% decrease in SG&A expenses from 2014 to 2020, reflecting strategic cost management. However, a 37% increase in 2023 suggests a shift in strategy or market conditions. Meanwhile, Saia, Inc., a prominent player in the transportation industry, experienced a 81% rise in SG&A expenses over the same period, indicating expansion and investment in growth.

These trends highlight the dynamic nature of business strategies and the importance of adapting to market demands.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025