Who Optimizes SG&A Costs Better? Deere & Company or Saia, Inc.

Optimizing SG&A: A Tale of Two Companies

In the competitive world of business, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Over the past decade, Deere & Company and Saia, Inc. have showcased contrasting strategies in this domain. From 2014 to 2023, Deere & Company consistently reported SG&A expenses averaging around $3.4 billion annually, with a notable peak in 2024. In contrast, Saia, Inc. maintained a leaner approach, averaging just $46 million annually, a mere 1.3% of Deere's expenses. This stark difference highlights Deere's expansive operations compared to Saia's more focused strategy. However, Saia's expenses have shown a steady increase, peaking in 2023, indicating potential growth or increased operational costs. Missing data for 2024 suggests ongoing developments. As businesses navigate economic challenges, understanding these trends offers valuable insights into strategic cost management.