Comparing SG&A Expenses: Waste Management, Inc. vs Stanley Black & Decker, Inc. 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. Over the past decade, Stanley Black & Decker, Inc. and Waste Management, Inc. have shown distinct trends in their SG&A expenses.

A Decade of Trends

From 2014 to 2023, Stanley Black & Decker's SG&A expenses have fluctuated, peaking in 2022 with a 30% increase from 2015. However, 2023 saw a decline of approximately 16% from the previous year. In contrast, Waste Management's SG&A expenses have steadily increased, with a notable 44% rise from 2014 to 2022.

Insights and Implications

These trends highlight the differing strategic approaches of these companies. While Stanley Black & Decker appears to be optimizing its operational costs, Waste Management is investing more in its administrative functions, possibly to support growth initiatives. Understanding these patterns can provide valuable insights for investors and industry analysts.