__timestamp | Clean Harbors, Inc. | Hubbell Incorporated |
---|---|---|
Wednesday, January 1, 2014 | 437921000 | 591600000 |
Thursday, January 1, 2015 | 414164000 | 617200000 |
Friday, January 1, 2016 | 422015000 | 622900000 |
Sunday, January 1, 2017 | 456648000 | 648200000 |
Monday, January 1, 2018 | 503747000 | 743500000 |
Tuesday, January 1, 2019 | 484054000 | 756100000 |
Wednesday, January 1, 2020 | 451044000 | 676300000 |
Friday, January 1, 2021 | 537962000 | 619200000 |
Saturday, January 1, 2022 | 627391000 | 762500000 |
Sunday, January 1, 2023 | 671161000 | 848600000 |
Monday, January 1, 2024 | 739629000 | 812500000 |
Cracking the code
In the competitive landscape of corporate America, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Over the past decade, Hubbell Incorporated and Clean Harbors, Inc. have demonstrated contrasting strategies in optimizing these costs.
From 2014 to 2023, Hubbell Incorporated consistently reported higher SG&A expenses, peaking at approximately 848 million in 2023. This represents a 43% increase from 2014, reflecting their expansive growth strategy. In contrast, Clean Harbors, Inc. maintained a more conservative approach, with a 53% increase over the same period, reaching around 671 million in 2023.
While Hubbell's strategy may suggest aggressive expansion, Clean Harbors' steady rise indicates a focus on efficiency. As businesses navigate economic uncertainties, these insights into SG&A management offer valuable lessons in balancing growth with cost control.
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