Selling, General, and Administrative Costs: Equifax Inc. vs U-Haul Holding Company

A Tale of Two Companies: Equifax Inc. vs. U-Haul Holding Company

In the world of corporate finance, Selling, General, and Administrative (SG&A) expenses are a crucial indicator of a company's operational efficiency. Over the past decade, Equifax Inc. and U-Haul Holding Company have shown contrasting trends in their SG&A expenses. From 2014 to 2023, Equifax's SG&A costs surged by approximately 84%, peaking in 2019. This reflects their aggressive expansion and investment in data security post-2017 breach. In contrast, U-Haul's expenses remained relatively stable, with a slight decline of about 13% over the same period, highlighting their focus on cost control and operational efficiency. Notably, 2023 saw a significant drop in U-Haul's expenses, possibly indicating strategic restructuring. As we look to 2024, Equifax's data is missing, leaving room for speculation on their future financial strategies. This comparison offers a fascinating glimpse into how two industry giants manage their operational costs.