Who Optimizes SG&A Costs Better? Pool Corporation or ITT Inc.

SG&A Cost Management: Pool vs. ITT

__timestampITT Inc.Pool Corporation
Wednesday, January 1, 2014519500000454470000
Thursday, January 1, 2015441500000459422000
Friday, January 1, 2016444100000485228000
Sunday, January 1, 2017433700000520918000
Monday, January 1, 2018427300000556284000
Tuesday, January 1, 2019420000000583679000
Wednesday, January 1, 2020347200000659931000
Friday, January 1, 2021365100000786808000
Saturday, January 1, 2022368500000907629000
Sunday, January 1, 2023476600000912927000
Monday, January 1, 2024502300000
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Unleashing insights

Optimizing SG&A Costs: A Tale of Two Companies

In the competitive world of business, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Over the past decade, Pool Corporation and ITT Inc. have demonstrated contrasting strategies in optimizing these costs. From 2014 to 2023, Pool Corporation's SG&A expenses surged by approximately 101%, reflecting its aggressive growth strategy. In contrast, ITT Inc. managed to reduce its SG&A expenses by about 8%, showcasing a more conservative approach.

A Decade of Change

In 2014, ITT Inc. led with higher SG&A costs, but by 2023, Pool Corporation's expenses had nearly doubled, surpassing ITT Inc. This shift highlights Pool Corporation's expansion efforts, while ITT Inc. focused on efficiency. As businesses navigate economic challenges, these insights offer valuable lessons in cost management strategies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025