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

SG&A Efficiency: A Tale of Two Giants

In the competitive landscape of corporate America, understanding the efficiency of Selling, General, and Administrative (SG&A) expenses is crucial. Over the past decade, Masco Corporation and United Rentals, Inc. have showcased contrasting trends in their SG&A expenditures.

From 2014 to 2023, Masco Corporation's SG&A expenses fluctuated, peaking in 2014 and 2023, with a notable dip in 2019. This reflects a strategic shift, possibly aligning with market demands and internal restructuring. In contrast, United Rentals, Inc. demonstrated a consistent upward trajectory, with a remarkable 113% increase from 2014 to 2023. This growth could indicate aggressive expansion and investment in operational efficiencies.

Interestingly, 2022 marked a pivotal year where United Rentals surpassed Masco in SG&A expenses, highlighting a shift in operational dynamics. However, data for 2024 remains incomplete, leaving room for speculation on future trends.