Selling, General, and Administrative Costs: EMCOR Group, Inc. vs Jacobs Engineering Group Inc.

A Comparative Analysis of SG&A Expenses: EMCOR Group, Inc. vs Jacobs Engineering Group Inc.

In the competitive landscape of engineering and construction, understanding the financial dynamics of industry leaders is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of EMCOR Group, Inc. and Jacobs Engineering Group Inc. from 2014 to 2023. Over this period, Jacobs consistently outpaced EMCOR in SG&A spending, with Jacobs' expenses peaking at approximately 2.4 billion in 2022, a 56% increase from 2014. In contrast, EMCOR's SG&A expenses grew by 93%, reaching around 1.2 billion in 2023. This trend highlights Jacobs' larger scale of operations and possibly more extensive administrative frameworks. However, EMCOR's rapid growth in SG&A expenses suggests aggressive expansion strategies. Notably, data for 2024 is incomplete, indicating potential shifts in financial strategies. This comparative insight offers a window into the operational priorities and growth trajectories of these industry giants.