Comparing SG&A Expenses: Automatic Data Processing, Inc. vs Expeditors International of Washington, Inc. Trends and Insights

SG&A Expenses: A Tale of Two Giants

In the world of corporate finance, Selling, General, and Administrative (SG&A) expenses are a critical measure of a company's operational efficiency. This chart offers a fascinating comparison between Automatic Data Processing, Inc. (ADP) and Expeditors International of Washington, Inc. (EXPD) from 2014 to 2023.

Key Insights

ADP's SG&A expenses have shown a steady upward trend, increasing by approximately 36% over the decade, peaking at $3.74 billion in 2023. This growth reflects ADP's strategic investments in technology and human resources. In contrast, EXPD's SG&A expenses have remained relatively stable, with a slight dip in 2020 and 2021, likely due to pandemic-related cost-cutting measures. However, the data for 2024 is missing, which could provide further insights into their financial strategies.

Conclusion

This comparison highlights the differing financial strategies of these two industry leaders, offering valuable insights for investors and analysts alike.