AMETEK, Inc. and Stanley Black & Decker, Inc.: SG&A Spending Patterns Compared

SG&A Spending Patterns: A Tale of Two Giants

In the world of industrial manufacturing, AMETEK, Inc. and Stanley Black & Decker, Inc. have long been titans. Over the past decade, their spending on Selling, General, and Administrative (SG&A) expenses reveals intriguing trends. From 2014 to 2023, AMETEK's SG&A expenses grew by approximately 46%, reflecting a strategic focus on operational efficiency and market expansion. In contrast, Stanley Black & Decker's SG&A expenses saw a modest increase of around 9% over the same period, peaking in 2022 before a slight decline in 2023. This divergence highlights differing corporate strategies: AMETEK's aggressive growth versus Stanley Black & Decker's more conservative approach. As these companies navigate the evolving industrial landscape, their SG&A spending patterns offer a window into their strategic priorities and market positioning.