Who Optimizes SG&A Costs Better? Automatic Data Processing, Inc. or Jacobs Engineering Group Inc.

ADP vs. Jacobs: Who Manages SG&A Costs Better?

__timestampAutomatic Data Processing, Inc.Jacobs Engineering Group Inc.
Wednesday, January 1, 201427624000001545716000
Thursday, January 1, 201524969000001522811000
Friday, January 1, 201626370000001429233000
Sunday, January 1, 201727832000001379983000
Monday, January 1, 201829715000002180399000
Tuesday, January 1, 201930642000002072177000
Wednesday, January 1, 202030030000002050695000
Friday, January 1, 202130405000002355683000
Saturday, January 1, 202232332000002409190000
Sunday, January 1, 202335514000002398078000
Monday, January 1, 202437789000002140320000
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Unlocking the unknown

Optimizing SG&A Costs: A Tale of Two Giants

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 Jacobs Engineering Group Inc. have been at the forefront of this financial balancing act since 2014. Over the past decade, ADP has consistently maintained higher SG&A expenses, peaking at approximately $3.7 billion in 2024, a 36% increase from 2014. In contrast, Jacobs Engineering's SG&A expenses have shown a more modest growth, reaching around $2.1 billion in 2024, a 38% increase from their 2014 figures. This data suggests that while ADP has a larger SG&A footprint, Jacobs Engineering has been more efficient in managing its growth. As businesses navigate the post-pandemic economy, these insights into cost optimization strategies are more relevant than ever.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025