United Rentals, Inc. and Quanta Services, Inc.: SG&A Spending Patterns Compared

SG&A Spending Trends: United Rentals vs. Quanta Services

In the competitive landscape of industrial services, understanding spending patterns is crucial. Over the past decade, United Rentals, Inc. and Quanta Services, Inc. have shown distinct trends in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Quanta Services saw a remarkable 168% increase in SG&A expenses, peaking at 1.56 billion in 2023. Meanwhile, United Rentals experienced a 101% rise, reaching 1.53 billion in the same year. Notably, United Rentals' SG&A expenses surpassed Quanta's until 2020, when Quanta began to outpace its competitor. This shift highlights Quanta's aggressive expansion and strategic investments. However, data for 2024 is incomplete, with Quanta's figures missing, leaving room for speculation on future trends. These insights provide a window into the financial strategies of two industry giants, offering valuable lessons for investors and analysts alike.