Waste Management, Inc. vs Northrop Grumman Corporation: SG&A Expense Trends

SG&A Expense Trends: A Tale of Two Giants

In the world of corporate finance, understanding the trends in Selling, General, and Administrative (SG&A) expenses can offer valuable insights into a company's operational efficiency. Over the past decade, Northrop Grumman Corporation and Waste Management, Inc. have shown distinct trajectories in their SG&A expenses.

Northrop Grumman Corporation

From 2014 to 2023, Northrop Grumman's SG&A expenses have surged by approximately 67%, reflecting a strategic expansion and increased operational costs. This growth, from $2.4 billion to over $4 billion, underscores the company's commitment to maintaining its competitive edge in the defense sector.

Waste Management, Inc.

Conversely, Waste Management, Inc. has seen a more modest increase of around 30% in the same period. Starting at $1.34 billion in 2015, their expenses reached nearly $1.93 billion by 2023. This steady rise highlights the company's focus on sustainable growth and operational efficiency in the waste management industry.