Cost Management Insights: SG&A Expenses for Trane Technologies plc and Verisk Analytics, Inc.

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. Trane Technologies plc and Verisk Analytics, Inc. offer a compelling study in contrasts over the past decade.

From 2014 to 2023, Trane Technologies saw a steady increase in SG&A expenses, peaking in 2019 with a 25% rise from 2014. Despite a dip in 2020, likely due to global economic shifts, the company rebounded, closing 2023 with expenses nearly 18% higher than in 2014.

Conversely, Verisk Analytics experienced a more volatile trajectory. Their SG&A expenses surged by 165% from 2014 to 2019, reflecting strategic investments. However, post-2019, expenses stabilized, indicating a shift towards efficiency.

This analysis underscores the importance of strategic cost management in navigating economic uncertainties and sustaining growth.