Selling, General, and Administrative Costs: Parker-Hannifin Corporation vs Cummins Inc.

SG&A Expenses: Parker-Hannifin vs. Cummins Over a Decade

__timestampCummins Inc.Parker-Hannifin Corporation
Wednesday, January 1, 201420950000001633992000
Thursday, January 1, 201520920000001544746000
Friday, January 1, 201620460000001359360000
Sunday, January 1, 201723900000001453935000
Monday, January 1, 201824370000001657152000
Tuesday, January 1, 201924540000001543939000
Wednesday, January 1, 202021250000001656553000
Friday, January 1, 202123740000001527302000
Saturday, January 1, 202226870000001627116000
Sunday, January 1, 202332080000003354103000
Monday, January 1, 202432750000003315177000
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Unveiling the hidden dimensions of data

A Tale of Two Giants: Parker-Hannifin vs. Cummins

In the world of industrial manufacturing, Parker-Hannifin Corporation and Cummins Inc. have long been titans. Over the past decade, their Selling, General, and Administrative (SG&A) expenses have revealed intriguing trends. From 2014 to 2023, Cummins Inc. saw a steady increase in SG&A costs, peaking in 2023 with a 53% rise from 2014. Meanwhile, Parker-Hannifin's expenses remained relatively stable until a dramatic surge in 2023, marking a 105% increase from the previous year. This spike could indicate strategic investments or restructuring efforts. Notably, 2024 data for Cummins is missing, leaving room for speculation. As these companies navigate the complexities of the global market, their financial strategies offer a window into their operational priorities and future directions.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025