Who Optimizes SG&A Costs Better? Hubbell Incorporated or Clean Harbors, Inc.

SG&A Cost Management: Hubbell vs. Clean Harbors

__timestampClean Harbors, Inc.Hubbell Incorporated
Wednesday, January 1, 2014437921000591600000
Thursday, January 1, 2015414164000617200000
Friday, January 1, 2016422015000622900000
Sunday, January 1, 2017456648000648200000
Monday, January 1, 2018503747000743500000
Tuesday, January 1, 2019484054000756100000
Wednesday, January 1, 2020451044000676300000
Friday, January 1, 2021537962000619200000
Saturday, January 1, 2022627391000762500000
Sunday, January 1, 2023671161000848600000
Monday, January 1, 2024739629000812500000
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Cracking the code

Optimizing SG&A Costs: A Tale of Two Companies

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.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025