| __timestamp | HEICO Corporation | Stanley Black & Decker, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 194924000 | 2595900000 |
| Thursday, January 1, 2015 | 204523000 | 2486400000 |
| Friday, January 1, 2016 | 250147000 | 2623900000 |
| Sunday, January 1, 2017 | 268067000 | 2980100000 |
| Monday, January 1, 2018 | 314470000 | 3171700000 |
| Tuesday, January 1, 2019 | 356743000 | 3041000000 |
| Wednesday, January 1, 2020 | 305479000 | 3089600000 |
| Friday, January 1, 2021 | 334523000 | 3240400000 |
| Saturday, January 1, 2022 | 365915000 | 3370000000 |
| Sunday, January 1, 2023 | 516292000 | 2829300000 |
| Monday, January 1, 2024 | 677271000 | 3310500000 |
Unlocking the unknown
In the competitive landscape of corporate America, the efficiency of Selling, General, and Administrative (SG&A) expenses is a critical metric. HEICO Corporation and Stanley Black & Decker, Inc. offer a fascinating study in contrasts over the past decade.
From 2014 to 2023, HEICO Corporation has demonstrated a remarkable increase in SG&A efficiency. Starting with approximately $195 million in 2014, HEICO's SG&A expenses have surged by over 250% to nearly $517 million in 2023. This growth reflects HEICO's strategic investments in innovation and market expansion.
Conversely, Stanley Black & Decker, Inc. maintained a relatively stable SG&A expense profile, peaking at around $3.37 billion in 2022 before a slight dip in 2023. This stability underscores the company's focus on operational efficiency and cost management.
As we look to the future, the absence of 2024 data for Stanley Black & Decker invites speculation on their strategic direction.
