Cost Management Insights: SG&A Expenses for Honeywell International Inc. and Allegion plc

Navigating SG&A Expenses: A Tale of Two Giants

In the ever-evolving landscape of corporate finance, effective cost management is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Honeywell International Inc. and Allegion plc from 2014 to 2023. Over this period, Honeywell's SG&A expenses have shown a slight decline, dropping approximately 16% from their peak in 2018. In contrast, Allegion has experienced a steady increase, with expenses rising by about 64% over the same timeframe.

Key Insights

• Honeywell International Inc.: Despite fluctuations, Honeywell's SG&A expenses have generally trended downward, reflecting strategic cost-cutting measures.
• Allegion plc: The upward trajectory in Allegion's expenses suggests a focus on expansion and investment in operational capabilities.

These trends highlight the distinct strategic approaches of these industry leaders, offering valuable insights into their financial health and operational priorities.