A Decade of SG&A: Equifax Inc. vs. Saia, Inc.

In the ever-evolving landscape of corporate finance, understanding operational costs is crucial. Over the past decade, Equifax Inc. and Saia, Inc. have showcased contrasting trends in their Selling, General, and Administrative (SG&A) expenses. Equifax, a global data analytics company, saw its SG&A expenses rise by approximately 84% from 2014 to 2023, peaking in 2019. This surge reflects strategic investments in technology and security post-2017's data breach. Meanwhile, Saia, Inc., a leading transportation company, experienced a more modest 81% increase, highlighting its focus on operational efficiency and expansion. By 2023, Equifax's SG&A expenses were nearly 20 times higher than Saia's, underscoring the scale and scope of their operations. This analysis offers a window into how these industry giants manage their operational costs amidst changing market dynamics.