Who Optimizes SG&A Costs Better? Emerson Electric Co. or Equifax Inc.

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. Emerson Electric Co. and Equifax Inc., two industry leaders, have shown distinct strategies over the past decade. From 2014 to 2023, Emerson Electric Co. consistently maintained higher SG&A expenses, peaking in 2014 with a 5.7 billion USD expenditure. However, by 2020, they had reduced these costs by approximately 30%, showcasing a strategic shift towards efficiency.

Equifax Inc., on the other hand, displayed a steady increase in SG&A expenses, with a notable 165% rise from 2014 to 2019. This trend suggests a focus on expansion and investment in administrative capabilities. Interestingly, data for 2024 is missing for Equifax, leaving room for speculation on their future strategy. As these companies navigate economic challenges, their approach to SG&A optimization remains a key indicator of their financial health.