SG&A Efficiency Analysis: Comparing Automatic Data Processing, Inc. and XPO Logistics, Inc.

SG&A Efficiency: ADP vs. XPO's Strategic Journey

__timestampAutomatic Data Processing, Inc.XPO Logistics, Inc.
Wednesday, January 1, 20142762400000422500000
Thursday, January 1, 201524969000001113400000
Friday, January 1, 201626370000001651200000
Sunday, January 1, 201727832000001656500000
Monday, January 1, 201829715000001837000000
Tuesday, January 1, 201930642000001845000000
Wednesday, January 1, 202030030000002172000000
Friday, January 1, 202130405000001322000000
Saturday, January 1, 20223233200000678000000
Sunday, January 1, 20233551400000167000000
Monday, January 1, 20243778900000134000000
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Infusing magic into the data realm

SG&A Efficiency: A Tale of Two Giants

In the ever-evolving landscape of corporate America, understanding the efficiency of Selling, General, and Administrative (SG&A) expenses is crucial. Automatic Data Processing, Inc. (ADP) and XPO Logistics, Inc. offer a fascinating study in contrasts. From 2014 to 2023, ADP consistently demonstrated robust SG&A management, with expenses growing by approximately 36% over the decade. In contrast, XPO Logistics experienced a more volatile trajectory, peaking in 2020 before a dramatic 92% reduction by 2023. This stark difference highlights ADP's steady growth and strategic expense management, while XPO's fluctuations suggest a period of restructuring or strategic pivot. As we look to 2024, ADP's continued upward trend suggests a strong position, while XPO's missing data for the year leaves room for speculation. This analysis underscores the importance of strategic SG&A management in maintaining competitive advantage.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025