AMETEK, Inc. vs Nordson Corporation: SG&A Expense Trends

SG&A Expense Trends: AMETEK, Inc. vs Nordson Corporation

In the competitive landscape of industrial manufacturing, understanding the financial health of companies is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of AMETEK, Inc. and Nordson Corporation from 2014 to 2023. Over this period, Nordson consistently outpaced AMETEK in SG&A spending, with a notable 40% increase from 2014 to 2023. AMETEK, while showing a steady rise, experienced a 46% growth in the same timeframe. The year 2023 marked a peak for AMETEK, with expenses reaching approximately 677 million, while Nordson's expenses slightly dipped to 681 million. Interestingly, Nordson's 2024 data shows a significant jump, indicating potential strategic investments or expansions. Missing data for AMETEK in 2024 suggests a need for further investigation. These trends highlight the dynamic nature of financial strategies in the industrial sector, offering insights into each company's operational priorities.