Automatic Data Processing, Inc. vs Owens Corning: SG&A Expense Trends

SG&A Expenses: ADP vs. Owens Corning Over a Decade

__timestampAutomatic Data Processing, Inc.Owens Corning
Wednesday, January 1, 20142762400000487000000
Thursday, January 1, 20152496900000525000000
Friday, January 1, 20162637000000584000000
Sunday, January 1, 20172783200000620000000
Monday, January 1, 20182971500000700000000
Tuesday, January 1, 20193064200000698000000
Wednesday, January 1, 20203003000000664000000
Friday, January 1, 20213040500000757000000
Saturday, January 1, 20223233200000803000000
Sunday, January 1, 20233551400000831000000
Monday, January 1, 20243778900000
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Igniting the spark of knowledge

SG&A Expense Trends: A Tale of Two Companies

In the world of corporate finance, Selling, General, and Administrative (SG&A) expenses are a critical measure of a company's operational efficiency. This analysis compares the SG&A expense trends of Automatic Data Processing, Inc. (ADP) and Owens Corning from 2014 to 2023.

A Decade of Growth

ADP has seen a steady increase in its SG&A expenses, growing by approximately 36% over the decade. This trend reflects the company's strategic investments in expanding its operations and enhancing its service offerings. In contrast, Owens Corning's SG&A expenses have grown by about 71%, indicating a more aggressive expansion strategy.

Missing Data in 2024

While ADP's data extends into 2024, Owens Corning's figures for that year are missing, suggesting potential reporting delays or strategic shifts. This discrepancy highlights the importance of complete data for accurate financial analysis.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025