SG&A Efficiency Analysis: Comparing Waste Management, Inc. and Booz Allen Hamilton Holding 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. Waste Management, Inc. and Booz Allen Hamilton Holding Corporation, two industry leaders, offer a fascinating comparison. Over the past decade, Booz Allen Hamilton has seen a steady increase in SG&A expenses, peaking in 2023 with a 95% rise from 2014. In contrast, Waste Management's SG&A expenses have grown more modestly, with a 30% increase over the same period. This divergence highlights differing strategic priorities and operational efficiencies. Notably, Booz Allen's expenses surged by 30% from 2020 to 2023, reflecting potential investments in growth or restructuring. Meanwhile, Waste Management's expenses plateaued, suggesting a focus on cost control. Missing data for 2024 indicates potential reporting delays or strategic shifts. This analysis underscores the importance of SG&A management in sustaining competitive advantage.