Comparing SG&A Expenses: Parker-Hannifin Corporation vs Verisk Analytics, Inc. Trends and Insights

SG&A Expenses: A Tale of Two Corporations

In the world of corporate finance, Selling, General, and Administrative (SG&A) expenses are a critical measure of operational efficiency. This analysis compares the SG&A trends of Parker-Hannifin Corporation and Verisk Analytics, Inc. over the past decade.

Parker-Hannifin Corporation

Parker-Hannifin, a leader in motion and control technologies, has seen its SG&A expenses fluctuate over the years. From 2014 to 2023, the company experienced a 105% increase, peaking in 2023 with a significant rise to over $3.3 billion. This surge suggests strategic investments or increased operational costs.

Verisk Analytics, Inc.

Verisk Analytics, a data analytics powerhouse, maintained a more stable SG&A trajectory. Despite a 165% increase from 2014 to 2019, expenses stabilized around $389 million by 2023. This consistency reflects efficient cost management amidst growth.

The data highlights contrasting strategies: Parker-Hannifin's aggressive expansion versus Verisk's steady efficiency.