SG&A Efficiency Analysis: Comparing United Rentals, Inc. and Graco Inc.

SG&A Efficiency: A Tale of Two Companies

In the competitive landscape of industrial equipment, understanding SG&A (Selling, General, and Administrative) efficiency is crucial. United Rentals, Inc. and Graco Inc. offer a fascinating comparison over the past decade. From 2014 to 2024, United Rentals has consistently outpaced Graco in SG&A expenses, reflecting its expansive growth strategy. In 2023, United Rentals' SG&A expenses were approximately 252% higher than Graco's, highlighting its larger operational scale. However, Graco's steady increase in SG&A, peaking at a 53% rise from 2014 to 2024, underscores its strategic investments in efficiency and market presence. This analysis provides a window into how these industry giants allocate resources to maintain competitive edges. As we look to the future, monitoring these trends will be key to understanding their evolving business strategies.