Waste Connections, Inc. and Global Payments Inc.: SG&A Spending Patterns Compared

SG&A Spending Patterns: A Tale of Two Companies

In the ever-evolving landscape of corporate finance, understanding the nuances of Selling, General, and Administrative (SG&A) expenses is crucial. Over the past decade, Global Payments Inc. and Waste Connections, Inc. have showcased distinct spending trajectories.

Global Payments Inc.: A Steady Climb

From 2014 to 2023, Global Payments Inc. has seen a remarkable 214% increase in SG&A expenses, reflecting its aggressive growth strategy. This upward trend, peaking at over $4 billion in 2023, underscores the company's commitment to expanding its global footprint and enhancing its technological capabilities.

Waste Connections, Inc.: Consistent and Controlled

Conversely, Waste Connections, Inc. has maintained a more conservative approach, with a 248% rise in SG&A expenses over the same period. This steady growth, reaching nearly $800 million in 2023, highlights the company's focus on operational efficiency and sustainable expansion.

These contrasting strategies offer valuable insights into how companies navigate financial management in a competitive market.