Breaking Down SG&A Expenses: Ingersoll Rand Inc. vs Nordson Corporation

A Comparative Analysis of SG&A Expenses: Ingersoll Rand Inc. vs. Nordson Corporation

In the ever-evolving 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 two industry giants: Ingersoll Rand Inc. and Nordson Corporation, from 2014 to 2023.

Ingersoll Rand Inc. has seen a remarkable increase in SG&A expenses, growing by approximately 167% over the decade. This surge, particularly notable from 2020 onwards, reflects strategic investments and potential expansions. In contrast, Nordson Corporation's SG&A expenses have remained relatively stable, with a modest increase of around 40% over the same period.

The data highlights a pivotal moment in 2020 when Ingersoll Rand's expenses nearly doubled, surpassing Nordson's for the first time. This shift underscores the dynamic strategies employed by these companies in response to market demands and economic conditions.