Breaking Down SG&A Expenses: Axon Enterprise, Inc. vs Old Dominion Freight Line, Inc.

A Tale of Two Companies: SG&A Expenses Over Time

In the world of business, understanding a company's Selling, General, and Administrative (SG&A) expenses is crucial for evaluating its operational efficiency. This analysis compares the SG&A expenses of Axon Enterprise, Inc. and Old Dominion Freight Line, Inc. from 2014 to 2023.

Axon Enterprise, Inc.

Axon Enterprise, known for its innovative public safety technologies, has seen a dramatic increase in SG&A expenses over the years. From 2014 to 2023, Axon's expenses surged by over 800%, peaking in 2021. This growth reflects the company's aggressive expansion and investment in new technologies.

Old Dominion Freight Line, Inc.

In contrast, Old Dominion Freight Line, a leader in the freight transportation industry, maintained a more stable SG&A expense trajectory. Over the same period, their expenses grew by approximately 94%, indicating a steady yet controlled growth strategy.

This comparison highlights the differing strategies of two industry leaders, offering insights into their operational priorities and market approaches.