SG&A Efficiency Analysis: Comparing Parker-Hannifin Corporation and AECOM

SG&A Efficiency: A Tale of Two Giants

In the competitive landscape of industrial and infrastructure sectors, understanding SG&A (Selling, General, and Administrative) efficiency is crucial. Parker-Hannifin Corporation and AECOM, two industry titans, have shown distinct trends over the past decade. From 2014 to 2024, Parker-Hannifin's SG&A expenses have surged by over 98%, peaking in 2023. This reflects their aggressive expansion and operational scaling. In contrast, AECOM's SG&A expenses have grown by approximately 98% over the same period, indicating a steady yet controlled growth strategy.

Parker-Hannifin's expenses in 2023 were more than double their 2014 figures, highlighting a significant investment in administrative capabilities. Meanwhile, AECOM's expenses, though increasing, have remained relatively stable, suggesting a focus on efficiency. These trends offer a window into each company's strategic priorities and operational dynamics, providing valuable insights for investors and industry analysts alike.