Eaton Corporation plc vs ZTO Express (Cayman) Inc.: SG&A Expense Trends

SG&A Expense Trends: Eaton Corporation vs. ZTO Express

In the ever-evolving landscape of global business, understanding the financial health of companies is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Eaton Corporation plc and ZTO Express (Cayman) Inc. from 2014 to 2023. Eaton, a leader in power management, consistently maintained higher SG&A expenses, peaking in 2014 and 2023. Despite a dip in 2020, Eaton's expenses rebounded by 24% by 2023. Meanwhile, ZTO Express, a major player in logistics, showcased a remarkable upward trend, with SG&A expenses growing by over 350% from 2014 to 2023. This growth reflects ZTO's aggressive expansion strategy in the logistics sector. The contrasting trends highlight Eaton's stable yet fluctuating expenses against ZTO's rapid growth, offering insights into their strategic priorities and market dynamics.