SG&A Spending Patterns: Cummins Inc. vs. Nordson Corporation

In the ever-evolving landscape of corporate finance, understanding the nuances of Selling, General, and Administrative (SG&A) expenses is crucial. Over the past decade, Cummins Inc. and Nordson Corporation have showcased distinct spending patterns. Cummins Inc. has seen a steady increase in SG&A expenses, peaking in 2023 with a 53% rise from 2014. In contrast, Nordson Corporation's SG&A expenses have grown more modestly, with a 40% increase over the same period.

Key Insights

• Cummins Inc.: Notable for its significant jump in 2023, reflecting strategic investments or operational expansions.
• Nordson Corporation: Demonstrates consistent growth, with a notable spike projected in 2024, indicating potential future investments.

These trends highlight the strategic priorities of each company, offering investors and analysts a window into their operational focus and market positioning.