Cost Management Insights: SG&A Expenses for Ingersoll Rand Inc. and Comfort Systems USA, Inc.

SG&A Expenses: A Decade of Strategic Cost Management

__timestampComfort Systems USA, Inc.Ingersoll Rand Inc.
Wednesday, January 1, 2014207652000476000000
Thursday, January 1, 2015228965000427000000
Friday, January 1, 2016243201000414339000
Sunday, January 1, 2017266586000446600000
Monday, January 1, 2018296986000434600000
Tuesday, January 1, 2019340005000436400000
Wednesday, January 1, 2020357777000894800000
Friday, January 1, 20213763090001028000000
Saturday, January 1, 20224893440001095800000
Sunday, January 1, 20235361889991272700000
Monday, January 1, 20240
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In pursuit of knowledge

Navigating SG&A Expenses: A Tale of Two Companies

In the ever-evolving landscape of corporate finance, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. This analysis delves into the SG&A expenses of Ingersoll Rand Inc. and Comfort Systems USA, Inc. over the past decade, from 2014 to 2023.

Ingersoll Rand Inc. has seen a significant increase in SG&A expenses, rising by approximately 167% from 2014 to 2023. This growth reflects strategic investments and expansion efforts. In contrast, Comfort Systems USA, Inc. experienced a more moderate increase of around 158% during the same period, indicating a steady approach to cost management.

The data reveals a pivotal year in 2020, where Ingersoll Rand's expenses surged by over 100%, possibly due to restructuring or acquisitions. Meanwhile, Comfort Systems USA maintained a consistent upward trend, showcasing resilience and effective cost control strategies.

Understanding these trends provides valuable insights into the financial health and strategic priorities of these industry players.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025