Selling, General, and Administrative Costs: Equifax Inc. vs Builders FirstSource, Inc.

A Tale of Two Companies: SG&A Expenses Over Time

In the world of corporate finance, Selling, General, and Administrative (SG&A) expenses are a critical measure of a company's operational efficiency. Over the past decade, Equifax Inc. and Builders FirstSource, Inc. have shown contrasting trends in their SG&A expenses. From 2014 to 2023, Builders FirstSource, Inc. saw a staggering increase of over 1,150% in their SG&A costs, peaking in 2022. This reflects their aggressive expansion and operational scaling. In contrast, Equifax Inc.'s SG&A expenses grew by a modest 84% over the same period, indicating a more stable and controlled growth strategy. Notably, in 2019, Equifax's expenses surged by 61%, possibly due to increased investments in data security following their 2017 data breach. These trends highlight the diverse strategies and challenges faced by these industry giants in managing their operational costs.