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

SG&A Expense Trends: Waste Management, Inc. vs ITT 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 ITT Inc. have showcased distinct trajectories in their SG&A expenditures. From 2014 to 2023, Waste Management, Inc. saw a steady increase in SG&A expenses, peaking in 2022 with a 31% rise from 2014. In contrast, ITT Inc. experienced a more volatile pattern, with a notable dip in 2020, reflecting a 33% decrease from its 2014 figures, before rebounding in 2023. This divergence highlights the differing strategic priorities and operational challenges faced by these industry giants. As we delve deeper into these trends, it becomes evident that effective cost management remains a pivotal factor in maintaining competitive advantage and shareholder value.