Comparing SG&A Expenses: Waste Management, Inc. vs AECOM Trends and Insights

SG&A Expenses: A Tale of Two Giants

In the world of corporate finance, Selling, General, and Administrative (SG&A) expenses are a critical measure of a company's operational efficiency. This analysis delves into the SG&A trends of two industry titans: Waste Management, Inc. and AECOM, from 2014 to 2023.

Waste Management, Inc.: A Steady Climb

Waste Management, Inc. has consistently demonstrated robust SG&A management, with expenses peaking at approximately $1.93 billion in 2022, marking a 31% increase from 2014. This steady rise reflects the company's strategic investments in operational efficiency and market expansion.

AECOM: Navigating Fluctuations

AECOM, on the other hand, experienced more volatility. Starting at $81 million in 2014, their SG&A expenses surged by 133% to reach $188 million in 2020, before stabilizing around $160 million in 2023. This fluctuation highlights AECOM's dynamic approach to managing administrative costs amidst changing market conditions.

Insights and Future Outlook

While Waste Management, Inc. shows a consistent upward trend, AECOM's fluctuating expenses suggest a more adaptive strategy. The absence of 2024 data for Waste Management, Inc. leaves room for speculation on future trends. As these companies continue to evolve, monitoring their SG&A expenses will provide valuable insights into their operational strategies.