Lennox International Inc. or Builders FirstSource, Inc.: Who Manages SG&A Costs Better?

SG&A Cost Management: Builders FirstSource vs. Lennox

__timestampBuilders FirstSource, Inc.Lennox International Inc.
Wednesday, January 1, 2014306508000573700000
Thursday, January 1, 2015810841000580500000
Friday, January 1, 20161360412000621000000
Sunday, January 1, 20171442288000637700000
Monday, January 1, 20181553972000608200000
Tuesday, January 1, 20191584523000585900000
Wednesday, January 1, 20201678730000555900000
Friday, January 1, 20213463532000598900000
Saturday, January 1, 20223974173000627200000
Sunday, January 1, 20233836015000705500000
Monday, January 1, 2024730600000
Loading chart...

Unlocking the unknown

SG&A Cost Management: A Tale of Two Companies

In the competitive landscape of the building materials industry, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Over the past decade, Builders FirstSource, Inc. and Lennox International Inc. have showcased contrasting strategies in this domain. From 2014 to 2023, Builders FirstSource saw a staggering 1,150% increase in SG&A expenses, peaking in 2022. In contrast, Lennox International maintained a more stable trajectory, with a modest 23% rise over the same period.

This divergence highlights Builders FirstSource's aggressive expansion strategy, reflected in their rising costs, while Lennox's steady approach suggests a focus on efficiency. Notably, Builders FirstSource's expenses surged in 2021, coinciding with industry-wide supply chain challenges. As we look to 2024, Lennox's consistent cost management may offer a competitive edge, while Builders FirstSource's missing data for 2024 leaves room for speculation.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025