Comparing SG&A Expenses: United Rentals, Inc. vs Ferguson plc Trends and Insights

SG&A Expenses: A Tale of Two Giants

In the world of industrial equipment and building materials, United Rentals, Inc. and Ferguson plc stand as titans. Over the past decade, their Selling, General, and Administrative (SG&A) expenses have painted a vivid picture of their operational strategies. From 2014 to 2024, Ferguson plc's SG&A expenses surged by approximately 19%, reflecting its aggressive expansion and market penetration strategies. In contrast, United Rentals, Inc. saw a more modest increase of around 117%, indicating a steady growth trajectory.

Key Insights

• Ferguson plc: Witnessed a significant leap in SG&A expenses, peaking in 2024, showcasing its commitment to scaling operations.
• United Rentals, Inc.: Demonstrated consistent growth, with expenses nearly doubling over the decade, highlighting its focus on sustainable expansion.
  This comparison not only underscores the differing growth strategies of these industry leaders but also offers a glimpse into their future market positioning.