Comparing SG&A Expenses: Caterpillar Inc. vs RTX Corporation Trends and Insights

SG&A Expenses: A Tale of Two Giants

In the ever-evolving landscape of industrial and defense sectors, understanding the financial health of key players is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Caterpillar Inc. and RTX Corporation from 2014 to 2023.

Key Insights

Caterpillar Inc. has shown a steady increase in SG&A expenses, peaking in 2023 with a 36% rise from its lowest point in 2020. Meanwhile, RTX Corporation experienced a significant fluctuation, with a notable 53% drop in 2023 compared to its 2019 peak. This volatility highlights the dynamic nature of the defense industry, influenced by geopolitical factors and market demands.

Missing Data

It's important to note the absence of Caterpillar's data for 2024, which could impact future trend analysis. As these companies navigate global challenges, their financial strategies will be pivotal in shaping their competitive edge.