Comparing SG&A Expenses: Ingersoll Rand Inc. vs ZTO Express (Cayman) Inc. Trends and Insights

SG&A Expenses: A Tale of Two Companies

In the ever-evolving landscape of global business, understanding the financial health of companies is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Ingersoll Rand Inc. and ZTO Express (Cayman) Inc. over the past decade.

Ingersoll Rand Inc.

From 2014 to 2023, Ingersoll Rand Inc. has seen a steady increase in SG&A expenses, growing by approximately 167%. This growth reflects the company's strategic investments in operational efficiency and market expansion.

ZTO Express (Cayman) Inc.

Meanwhile, ZTO Express has experienced a staggering 354% rise in SG&A expenses during the same period. This surge underscores the company's aggressive expansion in the logistics sector, particularly in the burgeoning Chinese market.

Key Insights

While both companies have increased their SG&A expenses, ZTO Express's growth rate is more than double that of Ingersoll Rand, highlighting its rapid scaling efforts.