Waste Connections, Inc. or Ferguson plc: Who Manages SG&A Costs Better?

Who Manages SG&A Costs Better: Waste Connections, Inc. or Ferguson plc?

In the competitive landscape of corporate finance, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. From 2014 to 2023, Ferguson plc and Waste Connections, Inc. have shown distinct approaches to handling these costs. Ferguson plc, a leader in the building materials industry, has seen its SG&A expenses grow by approximately 20% annually, peaking at $6.06 billion in 2024. In contrast, Waste Connections, Inc., a key player in waste management, has maintained a more stable growth, with expenses increasing by about 15% annually, reaching $799 million in 2023. This data suggests that while Ferguson plc operates on a larger scale, Waste Connections, Inc. demonstrates a more controlled approach to managing its SG&A costs. The absence of 2024 data for Waste Connections, Inc. leaves room for speculation on its future financial strategies.