EMCOR Group, Inc. and Clean Harbors, Inc.: SG&A Spending Patterns Compared

SG&A Spending Trends: EMCOR Group vs. Clean Harbors

In the competitive landscape of industrial services, understanding spending patterns is crucial. Over the past decade, EMCOR Group, Inc. and Clean Harbors, Inc. have shown distinct trajectories in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, EMCOR's SG&A expenses surged by approximately 93%, reflecting its strategic expansion and operational scaling. In contrast, Clean Harbors experienced a 53% increase, indicating a more conservative growth approach.

Key Insights

• EMCOR's Growth: By 2023, EMCOR's SG&A expenses reached over $1.2 billion, a testament to its aggressive market positioning.
• Clean Harbors' Strategy: Clean Harbors, while growing, maintained a steadier pace, with expenses peaking at around $671 million in 2023.

These trends highlight differing strategies in managing operational costs, with EMCOR focusing on rapid expansion and Clean Harbors opting for steady growth.