Cost Management Insights: SG&A Expenses for United Rentals, Inc. and Old Dominion Freight Line, Inc.

Cost Management Trends in Logistics and Equipment Rental

__timestampOld Dominion Freight Line, Inc.United Rentals, Inc.
Wednesday, January 1, 2014144817000758000000
Thursday, January 1, 2015153589000714000000
Friday, January 1, 2016152391000719000000
Sunday, January 1, 2017177205000903000000
Monday, January 1, 20181943680001038000000
Tuesday, January 1, 20192061250001092000000
Wednesday, January 1, 2020184185000979000000
Friday, January 1, 20212237570001199000000
Saturday, January 1, 20222588830001400000000
Sunday, January 1, 20232810530001527000000
Monday, January 1, 20241645000000
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Cracking the code

Navigating Cost Management: A Tale of Two Giants

In the ever-evolving landscape of logistics and equipment rental, cost management remains a pivotal focus. Over the past decade, United Rentals, Inc. and Old Dominion Freight Line, Inc. have showcased distinct trajectories in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, United Rentals saw a remarkable 101% increase in SG&A expenses, peaking at $1.53 billion in 2023. Meanwhile, Old Dominion Freight Line experienced a 94% rise, reaching $281 million in the same year. This divergence highlights the strategic cost management approaches of these industry leaders. Notably, 2024 data for Old Dominion is missing, leaving room for speculation on future trends. As these companies continue to adapt, understanding their cost strategies offers valuable insights into their operational efficiencies and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025