Comparing SG&A Expenses: Old Dominion Freight Line, Inc. vs Global Payments Inc. Trends and Insights

SG&A Expenses: A Tale of Two Companies

Old Dominion Freight Line, Inc. vs. Global Payments Inc.

Since 2014, the landscape of Selling, General, and Administrative (SG&A) expenses has evolved significantly for Old Dominion Freight Line, Inc. and Global Payments Inc. Over the past decade, Global Payments Inc. has seen its SG&A expenses surge by over 200%, reflecting its aggressive expansion and strategic investments. In contrast, Old Dominion Freight Line, Inc. has maintained a more conservative growth trajectory, with a 94% increase in SG&A expenses.

In 2023, Global Payments Inc.'s SG&A expenses were approximately 14 times higher than those of Old Dominion Freight Line, Inc., highlighting the stark difference in their operational scales. This divergence underscores the varying business models and market strategies of these two industry giants. As we look to the future, understanding these trends offers valuable insights into their financial health and strategic priorities.