Who Optimizes SG&A Costs Better? Axon Enterprise, Inc. or Allegion plc

Optimizing SG&A Costs: A Tale of Two Companies

In the competitive landscape of corporate finance, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. This analysis compares the SG&A cost optimization strategies of Axon Enterprise, Inc. and Allegion plc from 2014 to 2023. Over this period, Allegion plc consistently reported higher SG&A expenses, peaking at approximately 866 million in 2023, reflecting a 64% increase from 2014. In contrast, Axon Enterprise, Inc. demonstrated a more dynamic growth, with SG&A expenses rising from about 54 million in 2014 to nearly 497 million in 2023, marking an impressive 817% surge. This stark difference highlights Axon's aggressive expansion strategy, while Allegion's steady increase suggests a more conservative approach. Understanding these trends provides valuable insights into each company's operational priorities and market strategies.