SG&A Expenses: A Tale of Two Companies

A Decade of Financial Strategy

Over the past decade, United Rentals, Inc. and Axon Enterprise, Inc. have showcased distinct trends in their Selling, General, and Administrative (SG&A) expenses. United Rentals, a leader in equipment rental, consistently outpaces Axon, a public safety technology company, in SG&A spending. From 2014 to 2023, United Rentals' expenses grew by approximately 101%, peaking at 1.53 billion in 2023. In contrast, Axon saw a staggering 817% increase, reaching 497 million in the same year.

Strategic Insights

United Rentals' steady growth reflects its expansive market strategy, while Axon's rapid increase highlights its aggressive investment in innovation and expansion. Notably, 2024 data for Axon is missing, suggesting potential strategic shifts or reporting delays. These trends offer valuable insights into each company's operational focus and market positioning, providing a window into their future trajectories.