A Decade of SG&A Expenses: Global Payments Inc. vs Lennox International Inc.

In the ever-evolving landscape of corporate finance, Selling, General, and Administrative (SG&A) expenses serve as a crucial indicator of a company's operational efficiency. Over the past decade, Global Payments Inc. and Lennox International Inc. have showcased contrasting trajectories in their SG&A expenditures.

Global Payments Inc.

From 2014 to 2023, Global Payments Inc. experienced a staggering 214% increase in SG&A expenses, peaking in 2023. This upward trend reflects the company's aggressive expansion and investment in operational capabilities.

Lennox International Inc.

Conversely, Lennox International Inc. maintained a more stable SG&A profile, with a modest 23% increase over the same period. This stability underscores Lennox's focus on cost control and operational efficiency.

The data for 2024 is incomplete, highlighting the dynamic nature of financial reporting. As these companies continue to navigate the complexities of their respective industries, their SG&A strategies will remain pivotal to their financial health.