Breaking Down SG&A Expenses: Waste Connections, Inc. vs Stanley Black & Decker, Inc.

A Comparative Analysis of SG&A Expenses: Waste Connections vs. Stanley Black & Decker

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, Stanley Black & Decker, Inc. has consistently reported higher SG&A expenses compared to Waste Connections, Inc. In 2022, Stanley Black & Decker's SG&A expenses peaked at approximately 3.37 billion, marking a 30% increase from 2014. Conversely, Waste Connections saw a more dramatic rise, with expenses growing by nearly 250% from 2014 to 2023, reaching around 799 million.

This divergence highlights the distinct operational strategies of these companies. While Stanley Black & Decker's expenses reflect its expansive global operations, Waste Connections' growth in SG&A expenses underscores its aggressive expansion in the waste management sector. As we move forward, these trends offer valuable insights into the financial health and strategic priorities of these industry giants.