Comparing SG&A Expenses: 3M Company vs Equifax Inc. Trends and Insights

A Tale of Two Giants: SG&A Expenses of 3M Company and Equifax Inc.

In the ever-evolving landscape of corporate finance, understanding the trends in Selling, General, and Administrative (SG&A) expenses is crucial. From 2014 to 2023, 3M Company and Equifax Inc. have shown distinct trajectories in their SG&A expenditures. 3M's expenses surged by approximately 233% from 2014 to 2023, peaking in 2023, while Equifax's expenses grew by about 84% over the same period. Notably, 3M's expenses in 2023 were nearly 15 times higher than Equifax's, highlighting a significant divergence in their financial strategies. This disparity underscores the different operational scales and strategic priorities of these two industry leaders. As we look to the future, the absence of data for Equifax in 2024 leaves room for speculation on how these trends will evolve.