Breaking Down SG&A Expenses: Lennox International Inc. vs Snap-on Incorporated

SG&A Expenses: Lennox vs Snap-on - A Decade of Trends

__timestampLennox International Inc.Snap-on Incorporated
Wednesday, January 1, 20145737000001047900000
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Sunday, January 1, 20176377000001101300000
Monday, January 1, 20186082000001080700000
Tuesday, January 1, 20195859000001071500000
Wednesday, January 1, 20205559000001054800000
Friday, January 1, 20215989000001202300000
Saturday, January 1, 20226272000001181200000
Sunday, January 1, 20237055000001249000000
Monday, January 1, 20247306000000
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Unleashing insights

A Comparative Analysis of SG&A Expenses: Lennox International Inc. vs Snap-on Incorporated

In the ever-evolving landscape of corporate finance, understanding Selling, General, and Administrative (SG&A) expenses is crucial for evaluating a company's operational efficiency. Over the past decade, Lennox International Inc. and Snap-on Incorporated have showcased distinct trends in their SG&A expenses. From 2014 to 2023, Lennox International Inc. saw a steady increase, with expenses rising by approximately 27%, peaking in 2024. In contrast, Snap-on Incorporated's SG&A expenses fluctuated, with a notable 19% increase from 2020 to 2023, reaching their highest in 2023. This divergence highlights the strategic differences in managing operational costs between the two companies. While Lennox's consistent growth suggests a stable expansion strategy, Snap-on's fluctuations may indicate adaptive cost management in response to market dynamics. Notably, data for Snap-on in 2024 is missing, leaving room for speculation on future trends.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025