Westinghouse Air Brake Technologies Corporation or CNH Industrial N.V.: Who Manages SG&A Costs Better?

SG&A Cost Management: CNH vs. Westinghouse

__timestampCNH Industrial N.V.Westinghouse Air Brake Technologies Corporation
Wednesday, January 1, 20142925000000324539000
Thursday, January 1, 20152317000000319173000
Friday, January 1, 20162262000000327505000
Sunday, January 1, 20172330000000482852000
Monday, January 1, 20182351000000573644000
Tuesday, January 1, 20192216000000936600000
Wednesday, January 1, 20202155000000877100000
Friday, January 1, 202124430000001005000000
Saturday, January 1, 202217520000001020000000
Sunday, January 1, 202318630000001139000000
Monday, January 1, 20241248000000
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In pursuit of knowledge

Who Manages SG&A Costs Better: Westinghouse Air Brake Technologies or CNH Industrial?

In the competitive landscape of industrial giants, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. From 2014 to 2023, CNH Industrial N.V. and Westinghouse Air Brake Technologies Corporation have shown contrasting trends in their SG&A management. CNH Industrial, despite having higher absolute SG&A expenses, has seen a significant reduction of approximately 36% over the decade, from $2.9 billion in 2014 to $1.9 billion in 2023. In contrast, Westinghouse Air Brake Technologies has experienced a steady increase, with SG&A expenses rising by about 250%, from $324 million to $1.1 billion in the same period. This divergence highlights CNH Industrial's strategic cost-cutting measures, while Westinghouse's growth in expenses may reflect expansion efforts. Understanding these trends offers valuable insights into each company's operational strategies and financial health.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025