Rockwell Automation, Inc. and Graco Inc.: SG&A Spending Patterns Compared

SG&A Spending Patterns: A Tale of Two Companies

In the world of industrial automation and manufacturing, understanding spending patterns can reveal much about a company's strategic priorities. Rockwell Automation, Inc. and Graco Inc. have shown distinct trends in their Selling, General, and Administrative (SG&A) expenses over the past decade.

From 2014 to 2024, Rockwell Automation's SG&A expenses have consistently been higher, peaking at approximately $2 billion in 2023. This represents a 29% increase from their 2014 levels. In contrast, Graco Inc. has seen a more modest rise, with their SG&A expenses growing by about 53% over the same period, reaching around $465 million in 2024.

These trends suggest Rockwell Automation's aggressive investment in administrative and sales functions, possibly to support its expansive growth strategy. Meanwhile, Graco Inc.'s steady increase indicates a more conservative approach, focusing on sustainable growth. Understanding these patterns can provide valuable insights for investors and industry analysts alike.