Operational Costs Compared: SG&A Analysis of Old Dominion Freight Line, Inc. and Rockwell Automation, Inc.

A Comparative Analysis of SG&A Expenses: Old Dominion Freight Line vs. Rockwell Automation

In the ever-evolving landscape of corporate finance, understanding operational costs is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two industry giants: Old Dominion Freight Line, Inc. and Rockwell Automation, Inc., from 2014 to 2023.

Old Dominion Freight Line, a leader in the freight industry, has seen its SG&A expenses grow by approximately 94% over the decade, reflecting its strategic expansions and operational scaling. In contrast, Rockwell Automation, a stalwart in industrial automation, experienced a more modest increase of around 29% in the same period, indicating a steady yet controlled growth strategy.

Interestingly, 2023 marked a peak for both companies, with Rockwell Automation's expenses reaching their highest at over $2 billion, while Old Dominion's expenses approached $281 million. The data for 2024 is incomplete, suggesting a need for further analysis in the coming years.