Cost Management Insights: SG&A Expenses for Westinghouse Air Brake Technologies Corporation and IDEX Corporation

SG&A Expenses: A Decade of Strategic Financial Management

__timestampIDEX CorporationWestinghouse Air Brake Technologies Corporation
Wednesday, January 1, 2014504419000324539000
Thursday, January 1, 2015479408000319173000
Friday, January 1, 2016498994000327505000
Sunday, January 1, 2017524940000482852000
Monday, January 1, 2018536724000573644000
Tuesday, January 1, 2019524987000936600000
Wednesday, January 1, 2020494935000877100000
Friday, January 1, 20215782000001005000000
Saturday, January 1, 20226527000001020000000
Sunday, January 1, 20237035000001139000000
Monday, January 1, 20247587000001248000000
Loading chart...

Unlocking the unknown

Navigating SG&A Expenses: A Tale of Two Corporations

In the ever-evolving landscape of corporate finance, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, Westinghouse Air Brake Technologies Corporation and IDEX Corporation have demonstrated contrasting strategies in this domain. From 2014 to 2023, Westinghouse's SG&A expenses surged by approximately 250%, peaking at $1.139 billion in 2023. This reflects a strategic expansion and investment in operational capabilities. In contrast, IDEX Corporation exhibited a more conservative growth of around 40% in the same period, reaching $703 million in 2023. This steady increase suggests a focus on efficiency and cost control. The divergence in these financial strategies highlights the unique challenges and opportunities each company faces in their respective industries. As businesses navigate the complexities of the modern economy, understanding these financial dynamics becomes essential for stakeholders and investors alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025