Comparing SG&A Expenses: Global Payments Inc. vs Pool Corporation Trends and Insights

SG&A Expenses: A Decade of Growth and Comparison

In the past decade, the Selling, General, and Administrative (SG&A) expenses of Global Payments Inc. and Pool Corporation have shown significant trends. Global Payments Inc. has seen a remarkable increase of over 200% in SG&A expenses from 2014 to 2023, reflecting its aggressive expansion and operational scaling. In contrast, Pool Corporation's SG&A expenses have grown by approximately 100% during the same period, indicating steady growth in its market operations.

Key Insights

• Global Payments Inc.: From 2014 to 2023, SG&A expenses surged from $1.3 billion to over $4 billion, highlighting strategic investments and acquisitions.
• Pool Corporation: Expenses rose from $454 million to $913 million, showcasing consistent growth in the pool supply industry.

These trends underscore the differing growth strategies and market dynamics faced by these two industry leaders.