A Decade of SG&A Trends: Waste Connections, Inc. vs Carlisle Companies

In the ever-evolving landscape of corporate finance, Selling, General, and Administrative (SG&A) expenses serve as a critical indicator of operational efficiency. Over the past decade, from 2014 to 2023, Waste Connections, Inc. and Carlisle Companies Incorporated have demonstrated intriguing trends in their SG&A expenditures.

Key Insights

• Carlisle Companies: Starting at 38% of its 2023 value in 2014, Carlisle's SG&A expenses peaked in 2022, showing a 114% increase over the decade. However, 2023 saw a 23% drop from the previous year, indicating potential cost optimization or strategic shifts.

• Waste Connections: This company exhibited a steady rise, with SG&A costs growing by 248% from 2014 to 2023. Notably, 2023 marked a 15% increase from 2022, reflecting ongoing expansion efforts.

These trends highlight the dynamic nature of corporate strategies in managing operational costs, offering valuable insights for investors and analysts alike.