Comparing SG&A Expenses: Cummins Inc. vs Rentokil Initial plc Trends and Insights

SG&A Expenses: A Tale of Two Companies

In the world of corporate finance, Selling, General, and Administrative (SG&A) expenses are a critical measure of a company's operational efficiency. Over the past decade, Cummins Inc. and Rentokil Initial plc have shown contrasting trends in their SG&A expenses.

Cummins Inc.: A Steady Climb

From 2014 to 2023, Cummins Inc. has seen a consistent increase in SG&A expenses, peaking in 2023 with a 53% rise from its 2014 figures. This upward trend reflects the company's strategic investments in growth and expansion.

Rentokil Initial plc: A Rollercoaster Ride

Conversely, Rentokil Initial plc experienced a more volatile journey. After a significant dip in 2019, their SG&A expenses surged by 787% by 2023, indicating a possible restructuring or expansion strategy.

These trends offer a fascinating glimpse into how two industry giants manage their operational costs amidst changing market dynamics.