Comparing SG&A Expenses: Waste Connections, Inc. vs Dover Corporation Trends and Insights

SG&A Expenses: A Tale of Two Companies

In the world of corporate finance, Selling, General, and Administrative (SG&A) expenses are a critical measure of a company's operational efficiency. Over the past decade, Waste Connections, Inc. and Dover Corporation have showcased contrasting trends in their SG&A expenses.

Waste Connections, Inc.

From 2014 to 2023, Waste Connections, Inc. has seen a remarkable increase in SG&A expenses, growing by approximately 248%. This upward trajectory reflects the company's expansion and investment in administrative capabilities. By 2023, their SG&A expenses reached nearly $800 million, a testament to their strategic growth initiatives.

Dover Corporation

Conversely, Dover Corporation's SG&A expenses have remained relatively stable, with a slight decrease of about 2% over the same period. This stability suggests a focus on maintaining operational efficiency while managing costs effectively.

These trends offer valuable insights into the strategic priorities and operational efficiencies of these two industry giants.