Operational Costs Compared: SG&A Analysis of Parker-Hannifin Corporation and General Dynamics Corporation

SG&A Expenses: A Comparative Analysis

In the ever-evolving landscape of corporate finance, understanding operational costs is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Parker-Hannifin Corporation and General Dynamics Corporation from 2014 to 2024. Over this decade, General Dynamics consistently outpaced Parker-Hannifin in SG&A expenses, with a notable surge in 2024, reaching an unprecedented 4.3 trillion, a staggering 1,700% increase from 2023. In contrast, Parker-Hannifin's expenses peaked in 2023 at 3.35 billion, marking a 106% rise from the previous year. This trend highlights the strategic financial maneuvers of these industrial giants. While General Dynamics' expenses reflect expansive growth and possibly increased operational complexity, Parker-Hannifin's steady rise suggests a more controlled expansion. Such insights are invaluable for investors and analysts seeking to understand the financial health and strategic direction of these corporations.