Comparing SG&A Expenses: Trane Technologies plc vs Comfort Systems USA, Inc. Trends and Insights

SG&A Expenses: Trane vs. Comfort Systems - A Decade of Trends

__timestampComfort Systems USA, Inc.Trane Technologies plc
Wednesday, January 1, 20142076520002503900000
Thursday, January 1, 20152289650002541100000
Friday, January 1, 20162432010002606500000
Sunday, January 1, 20172665860002720700000
Monday, January 1, 20182969860002903200000
Tuesday, January 1, 20193400050003129800000
Wednesday, January 1, 20203577770002270600000
Friday, January 1, 20213763090002446300000
Saturday, January 1, 20224893440002545900000
Sunday, January 1, 20235361889992963200000
Monday, January 1, 20243580400000
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Infusing magic into the data realm

SG&A Expenses: A Tale of Two Companies

In the competitive landscape of the HVAC industry, Trane Technologies plc and Comfort Systems USA, Inc. have shown distinct trends in their Selling, General, and Administrative (SG&A) expenses over the past decade. From 2014 to 2023, Trane Technologies consistently outpaced Comfort Systems in SG&A spending, with an average annual expense of approximately $2.66 billion, compared to Comfort Systems' $334 million. Notably, Trane's expenses peaked in 2019, reaching nearly $3.13 billion, while Comfort Systems saw a steady increase, culminating in a 158% rise from 2014 to 2023. This divergence highlights Trane's expansive operational scale and strategic investments, while Comfort Systems' growth reflects its adaptive strategies in a dynamic market. As both companies navigate economic shifts, their SG&A trends offer valuable insights into their operational priorities and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025