Selling, General, and Administrative Costs: PACCAR Inc vs Axon Enterprise, Inc.

A Comparative Analysis of SG&A Expenses: PACCAR Inc vs Axon Enterprise, Inc.

In the ever-evolving landscape of corporate finance, understanding the nuances of Selling, General, and Administrative (SG&A) expenses is crucial. Over the past decade, PACCAR Inc and Axon Enterprise, Inc. have showcased distinct trajectories in their SG&A expenditures. From 2014 to 2023, PACCAR Inc consistently maintained higher SG&A costs, peaking at approximately $785 million in 2023, reflecting a steady growth of around 40% from 2014. In contrast, Axon Enterprise, Inc. exhibited a more volatile pattern, with a remarkable surge of over 800% from 2014 to 2021, reaching its zenith at $515 million. However, 2022 saw a dip, followed by a recovery in 2023. This divergence highlights the strategic differences in operational management between the two companies. Notably, data for 2024 is incomplete, leaving room for speculation on future trends.