The Boeing Company vs Hubbell Incorporated: SG&A Expense Trends

SG&A Expense Trends: Boeing vs. Hubbell

A Decade of Financial Insights

Over the past decade, the Selling, General, and Administrative (SG&A) expenses of The Boeing Company and Hubbell Incorporated have showcased intriguing trends. Boeing, a titan in aerospace, consistently outpaces Hubbell, a leader in electrical products, in SG&A spending. From 2014 to 2023, Boeing's SG&A expenses grew by approximately 37%, peaking in 2023. In contrast, Hubbell's expenses increased by about 43% over the same period, reflecting a steady upward trajectory. Notably, 2023 marked a significant year for both companies, with Boeing reaching its highest SG&A expense, while Hubbell also saw a substantial rise. However, data for 2024 is incomplete, leaving room for speculation on future trends. This financial analysis provides a window into the strategic priorities and operational scales of these industry giants, offering valuable insights for investors and analysts alike.

Financial Dynamics in Aerospace and Electrical Industries