United Rentals, Inc. and IDEX Corporation: SG&A Spending Patterns Compared

SG&A Spending: United Rentals vs. IDEX, 2014-2023

__timestampIDEX CorporationUnited Rentals, Inc.
Wednesday, January 1, 2014504419000758000000
Thursday, January 1, 2015479408000714000000
Friday, January 1, 2016498994000719000000
Sunday, January 1, 2017524940000903000000
Monday, January 1, 20185367240001038000000
Tuesday, January 1, 20195249870001092000000
Wednesday, January 1, 2020494935000979000000
Friday, January 1, 20215782000001199000000
Saturday, January 1, 20226527000001400000000
Sunday, January 1, 20237035000001527000000
Monday, January 1, 20247587000001645000000
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In pursuit of knowledge

SG&A Spending Patterns: United Rentals vs. IDEX Corporation

In the ever-evolving landscape of corporate finance, understanding the nuances of Selling, General, and Administrative (SG&A) expenses is crucial. Over the past decade, United Rentals, Inc. and IDEX Corporation have showcased distinct spending patterns. From 2014 to 2023, United Rentals consistently outpaced IDEX in SG&A expenses, with a notable 113% increase, peaking at approximately $1.53 billion in 2023. In contrast, IDEX Corporation's SG&A expenses grew by about 40%, reaching around $703 million in the same year. This divergence highlights United Rentals' aggressive expansion strategy, while IDEX maintains a more conservative approach. Interestingly, data for 2024 is incomplete, leaving room for speculation on future trends. As businesses navigate post-pandemic recovery, these spending patterns offer valuable insights into strategic priorities and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025