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

A Tale of Two Companies: SG&A Expenses Over a Decade

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, Lennox International Inc. and U-Haul Holding Company have showcased contrasting trends in their SG&A expenses.

From 2014 to 2024, Lennox International Inc. has seen a steady increase in its SG&A costs, peaking at approximately 730 million in 2024, a 27% rise from 2014. This upward trajectory reflects Lennox's strategic investments in marketing and administrative functions to bolster its market position.

Conversely, U-Haul Holding Company experienced a significant decline, with expenses dropping by nearly 87% from 2014 to 2024. This reduction could indicate a shift towards more streamlined operations or cost-cutting measures.

These divergent paths highlight the varied strategies companies employ to manage their operational costs, offering valuable insights for investors and analysts alike.