United Rentals, Inc. or Avery Dennison Corporation: Who Manages SG&A Costs Better?

Who Manages SG&A Costs Better: United Rentals or Avery Dennison?

In the competitive landscape of corporate finance, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. From 2014 to 2023, Avery Dennison Corporation and United Rentals, Inc. have shown distinct trends in their SG&A management. Avery Dennison's SG&A expenses have remained relatively stable, averaging around $1.15 billion annually, with a slight increase of about 15% over the decade. In contrast, United Rentals has seen a more dynamic shift, with SG&A expenses rising by over 100% from $758 million in 2014 to $1.645 billion in 2024. This suggests a more aggressive expansion strategy. However, the data for 2024 is incomplete for Avery Dennison, leaving room for speculation. As businesses navigate economic challenges, understanding these trends can offer valuable insights into strategic financial management.