Who Optimizes SG&A Costs Better? Automatic Data Processing, Inc. or C.H. Robinson Worldwide, Inc.

Optimizing SG&A Costs: A Comparative Analysis

In the competitive landscape of corporate America, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Automatic Data Processing, Inc. (ADP) and C.H. Robinson Worldwide, Inc. (CHRW) have been at the forefront of this financial discipline since 2014. Over the past decade, ADP has consistently maintained higher SG&A expenses, averaging around $3 billion annually, compared to CHRW's $482 million. However, the growth rate tells a different story. ADP's SG&A costs have increased by approximately 36% from 2014 to 2024, while CHRW's expenses have surged by nearly 100% in the same period. This suggests that while ADP operates on a larger scale, CHRW is rapidly expanding its operational footprint. Understanding these trends provides valuable insights into each company's strategic priorities and operational efficiencies.