Who Optimizes SG&A Costs Better? RTX Corporation or Ingersoll Rand Inc.

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, RTX Corporation and Ingersoll Rand Inc. have showcased contrasting strategies in optimizing these costs.

From 2014 to 2023, RTX Corporation consistently reported higher SG&A expenses, peaking in 2019 with a staggering 8.5 billion. However, by 2023, they managed to reduce these costs by approximately 53%, reflecting a strategic shift towards efficiency. In contrast, Ingersoll Rand Inc. maintained a more stable SG&A expense profile, with a notable increase of around 207% from 2014 to 2023, indicating potential investments in growth or restructuring.

As we look towards 2024, RTX's projected expenses suggest a rebound, while Ingersoll Rand's data remains incomplete, leaving room for speculation on their future strategy.