Operational Costs Compared: SG&A Analysis of Parker-Hannifin Corporation and Curtiss-Wright Corporation

A Comparative Analysis of SG&A Expenses: Parker-Hannifin vs. Curtiss-Wright

In the ever-evolving landscape of industrial manufacturing, operational efficiency is paramount. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two industry giants: Parker-Hannifin Corporation and Curtiss-Wright Corporation, from 2014 to 2023.

Parker-Hannifin, a leader in motion and control technologies, consistently reported higher SG&A expenses, peaking in 2023 with a staggering 3.35 billion USD, marking a 105% increase from 2014. In contrast, Curtiss-Wright, known for its precision-engineered products, maintained a more stable SG&A expenditure, with a modest 17% rise over the same period, reaching approximately 497 million USD in 2023.

This disparity highlights Parker-Hannifin's aggressive expansion and investment strategies, while Curtiss-Wright's steady approach underscores its focus on operational stability. Such insights are crucial for investors and stakeholders aiming to understand the financial dynamics of these corporations.