Analog Devices, Inc. vs Fortive Corporation: SG&A Expense Trends

SG&A Expense Trends: Analog Devices, Inc. vs Fortive Corporation

In the ever-evolving landscape of technology and industrial solutions, understanding the financial health of key players is crucial. Over the past decade, Analog Devices, Inc. and Fortive Corporation have shown distinct trends in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Analog Devices saw a steady increase in SG&A expenses, peaking in 2023 with a 180% rise from 2014. Fortive Corporation, on the other hand, experienced a more volatile trajectory, with expenses surging by 46% over the same period. Notably, Fortive's expenses consistently outpaced those of Analog Devices, highlighting its expansive operational scale. However, data for 2024 is incomplete, leaving room for speculation on future trends. These insights provide a window into the strategic priorities and operational efficiencies of these industry giants, offering valuable lessons for investors and competitors alike.