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

SG&A Expense Trends: A Tale of Two Companies

In the world of corporate finance, understanding the trends in Selling, General, and Administrative (SG&A) expenses can offer valuable insights into a company's operational efficiency. Over the past decade, Ingersoll Rand Inc. and Old Dominion Freight Line, Inc. have shown contrasting trajectories in their SG&A expenses.

Ingersoll Rand Inc.

From 2014 to 2023, Ingersoll Rand Inc. experienced a significant increase in SG&A expenses, rising by approximately 167%. This upward trend reflects strategic investments and potential expansions, peaking in 2023 with expenses reaching over 1.27 billion.

Old Dominion Freight Line, Inc.

Conversely, Old Dominion Freight Line, Inc. maintained a more modest growth in SG&A expenses, increasing by about 94% over the same period. This steady rise suggests a focus on cost control and operational efficiency, culminating in 2023 with expenses of around 281 million.

These trends highlight the diverse strategies employed by these industry leaders in managing their operational costs.