SG&A Efficiency Analysis: Comparing Westinghouse Air Brake Technologies Corporation and Hubbell Incorporated

SG&A Efficiency: A Tale of Two Corporations

In the competitive landscape of industrial manufacturing, understanding the efficiency of Selling, General, and Administrative (SG&A) expenses is crucial. Over the past decade, Hubbell Incorporated and Westinghouse Air Brake Technologies Corporation have showcased distinct trajectories in their SG&A spending. From 2014 to 2023, Hubbell's SG&A expenses grew by approximately 43%, reflecting a steady increase in operational costs. In contrast, Westinghouse Air Brake Technologies saw a staggering 250% rise, indicating a more aggressive expansion strategy.

Key Insights

• Hubbell Incorporated: Maintained a consistent growth in SG&A expenses, peaking in 2023 with an 8% increase from the previous year.
• Westinghouse Air Brake Technologies: Experienced a significant surge in 2019, with expenses nearly tripling since 2014, highlighting a period of rapid growth and investment.

These trends underscore the strategic differences between the two companies, offering valuable insights for investors and industry analysts.