Who Optimizes SG&A Costs Better? Equifax Inc. or Masco Corporation

Optimizing SG&A: A Tale of Two Giants

In the competitive landscape of corporate America, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Equifax Inc. and Masco Corporation, two industry leaders, have shown contrasting strategies over the past decade. From 2014 to 2023, Equifax's SG&A expenses grew by approximately 84%, peaking in 2019. Meanwhile, Masco Corporation maintained a more stable trajectory, with a modest 8% increase over the same period. This suggests that while Equifax has been investing heavily in administrative functions, Masco has focused on cost efficiency. The year 2019 marked a significant divergence, with Equifax's expenses surging by 64% compared to the previous year, while Masco's expenses decreased by 14%. This data highlights the strategic choices each company makes in balancing growth and cost management, offering valuable insights for investors and industry analysts alike.