Who Optimizes SG&A Costs Better? AMETEK, Inc. or Jacobs Engineering Group Inc.

Optimizing SG&A Costs: A Tale of Two Giants

In the competitive landscape of engineering and manufacturing, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. AMETEK, Inc. and Jacobs Engineering Group Inc. have been at the forefront of this challenge since 2014. Over the past decade, AMETEK has demonstrated a steady increase in SG&A expenses, peaking at approximately 677 million in 2023, reflecting a 46% rise from 2014. In contrast, Jacobs Engineering's SG&A costs have fluctuated more significantly, reaching a high of around 2.4 billion in 2022, a 56% increase from their 2014 figures. However, 2024 data for AMETEK is missing, leaving a gap in the analysis. This comparison highlights the strategic approaches of these industry leaders in cost management, with AMETEK showing a more consistent trend, while Jacobs Engineering exhibits greater volatility. Understanding these patterns can offer valuable insights into their operational efficiencies and market strategies.