A Comparative Analysis of SG&A Expenses: EMCOR Group, Inc. vs Carlisle Companies

In the competitive landscape of industrial services and manufacturing, understanding the financial dynamics of leading companies is crucial. Over the past decade, EMCOR Group, Inc. and Carlisle Companies Incorporated have showcased distinct trends in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, EMCOR consistently outpaced Carlisle, with SG&A expenses peaking at approximately 1.21 billion in 2023, marking a 93% increase from 2014. In contrast, Carlisle's expenses grew by 65% over the same period, reaching their highest in 2022. This divergence highlights EMCOR's aggressive expansion and operational strategies compared to Carlisle's more conservative approach. Such insights are invaluable for investors and analysts seeking to understand the financial health and strategic priorities of these industry giants.

Key Insights

• EMCOR's SG&A expenses grew nearly 93% from 2014 to 2023.
• Carlisle's expenses increased by 65% over the same period.