Selling, General, and Administrative Costs: Old Dominion Freight Line, Inc. vs Watsco, Inc.

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

In the world of logistics and distribution, managing costs is crucial for maintaining profitability. This chart compares the Selling, General, and Administrative (SG&A) expenses of Old Dominion Freight Line, Inc. and Watsco, Inc. from 2014 to 2023. Over this period, Watsco, Inc. consistently reported higher SG&A expenses, peaking in 2022 with a 22% increase from 2014. Meanwhile, Old Dominion Freight Line, Inc. saw a significant rise in their SG&A expenses, with a 94% increase over the same period, reflecting their strategic investments in growth and efficiency.

Key Insights

• Old Dominion Freight Line, Inc.: Experienced a steady increase in SG&A expenses, highlighting their expansion efforts.
• Watsco, Inc.: Maintained higher SG&A expenses, indicative of their extensive distribution network.

Understanding these trends provides valuable insights into each company's operational strategies and market positioning.