Old Dominion Freight Line, Inc. vs Graco Inc.: SG&A Expense Trends

SG&A Expense Trends: Graco vs Old Dominion

__timestampGraco Inc.Old Dominion Freight Line, Inc.
Wednesday, January 1, 2014303565000144817000
Thursday, January 1, 2015324016000153589000
Friday, January 1, 2016341734000152391000
Sunday, January 1, 2017372496000177205000
Monday, January 1, 2018382988000194368000
Tuesday, January 1, 2019367743000206125000
Wednesday, January 1, 2020355796000184185000
Friday, January 1, 2021422975000223757000
Saturday, January 1, 2022404731000258883000
Sunday, January 1, 2023432156000281053000
Monday, January 1, 2024465133000
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Unleashing the power of data

SG&A Expense Trends: Old Dominion Freight Line, Inc. vs Graco Inc.

In the competitive landscape of logistics and manufacturing, understanding the trends in Selling, General, and Administrative (SG&A) expenses is crucial. Over the past decade, Graco Inc. has consistently outpaced Old Dominion Freight Line, Inc. in SG&A spending. From 2014 to 2023, Graco's SG&A expenses grew by approximately 43%, peaking in 2023. In contrast, Old Dominion's expenses increased by about 94% during the same period, reflecting a more aggressive expansion strategy.

Key Insights

  • Graco Inc.: Despite a dip in 2019, Graco's SG&A expenses rebounded, reaching their highest in 2023.
  • Old Dominion Freight Line, Inc.: The company showed a steady increase, with a notable jump in 2023, indicating strategic investments.

These trends highlight the differing strategies of these industry leaders, with Graco focusing on steady growth and Old Dominion on rapid expansion.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025