Who Optimizes SG&A Costs Better? Honeywell International Inc. or Curtiss-Wright Corporation

Optimizing SG&A Costs: A Tale of Two Giants

In the competitive landscape of industrial giants, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, Honeywell International Inc. and Curtiss-Wright Corporation have showcased contrasting strategies in optimizing these costs. From 2014 to 2023, Honeywell's SG&A expenses fluctuated, peaking in 2018 and then declining by approximately 23% by 2023. In contrast, Curtiss-Wright demonstrated a more consistent approach, with a steady increase of about 16% over the same period.

This data highlights Honeywell's aggressive cost-cutting measures in recent years, while Curtiss-Wright's gradual increase suggests a strategic investment in administrative capabilities. As businesses navigate economic uncertainties, understanding these trends offers valuable insights into corporate financial strategies. Whether you're an investor or a business strategist, these patterns provide a window into how industry leaders manage their operational costs.