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

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

In the 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, Global Payments Inc. has seen a remarkable increase in its SG&A expenses, growing by over 200% from 2014 to 2023. This surge reflects the company's aggressive expansion and integration strategies. In contrast, Waste Management, Inc. has maintained a more stable trajectory, with a modest increase of around 30% over the same period. This stability underscores its focus on operational efficiency and cost management. The data highlights a stark contrast in business strategies: while Global Payments Inc. invests heavily in growth, Waste Management, Inc. prioritizes steady, sustainable operations. These insights provide a window into the strategic priorities of these industry giants, offering valuable lessons for stakeholders and competitors.