SG&A Spending Patterns: A Tale of Two Companies

In the world of corporate finance, understanding a company's spending patterns can reveal much about its strategic priorities. Over the past decade, AMETEK, Inc. and RB Global, Inc. have showcased distinct trends in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, AMETEK's SG&A expenses grew by approximately 46%, reflecting a steady investment in operational efficiency and market expansion. In contrast, RB Global's SG&A expenses surged by nearly 200% during the same period, indicating a more aggressive approach to scaling and market penetration.

A Decade of Financial Strategy

AMETEK's consistent growth in SG&A spending, peaking at 677 million in 2023, underscores its commitment to sustainable growth. Meanwhile, RB Global's dramatic increase, reaching 744 million in 2023, suggests a bold strategy to capture market share. These patterns offer a fascinating glimpse into the financial strategies of two industry leaders.