Breaking Down SG&A Expenses: Cummins Inc. vs Westinghouse Air Brake Technologies Corporation

A Comparative Analysis of SG&A Expenses: Cummins Inc. vs. Westinghouse Air Brake Technologies Corporation

In the ever-evolving landscape of industrial giants, understanding the financial dynamics of companies like Cummins Inc. and Westinghouse Air Brake Technologies Corporation is crucial. Over the past decade, from 2014 to 2023, Cummins Inc. has consistently outpaced Westinghouse in Selling, General, and Administrative (SG&A) expenses, reflecting its expansive operational scale. Notably, Cummins' SG&A expenses surged by approximately 53% from 2014 to 2023, peaking at $3.2 billion in 2023. In contrast, Westinghouse's expenses grew by about 250% during the same period, reaching $1.1 billion in 2023. This significant increase highlights Westinghouse's aggressive expansion and strategic investments. The data underscores the contrasting growth trajectories and strategic priorities of these two industrial powerhouses, offering valuable insights for investors and industry analysts alike.