SG&A Expense Trends: Waste Management, Inc. vs Equifax Inc.

In the ever-evolving landscape of corporate finance, understanding the trends in Selling, General, and Administrative (SG&A) expenses is crucial for investors and analysts alike. Over the past decade, Waste Management, Inc. and Equifax Inc. have shown distinct trajectories in their SG&A expenses, reflecting their strategic priorities and market conditions.

A Decade of Change

From 2014 to 2023, Waste Management, Inc. consistently outpaced Equifax Inc. in SG&A expenses, with a notable 30% increase from 2014 to 2023. This growth underscores Waste Management's commitment to expanding its operational capabilities and enhancing customer service. In contrast, Equifax Inc. experienced a more volatile trend, with a significant spike in 2019, marking a 60% increase from 2014, likely due to heightened investments in data security and compliance post-2017 data breach.

These trends highlight the dynamic nature of corporate strategies and the importance of SG&A management in sustaining competitive advantage.