Who Optimizes SG&A Costs Better? Equifax Inc. or ZTO Express (Cayman) Inc.

Optimizing SG&A Costs: Equifax Inc. vs. ZTO Express (Cayman) Inc.

In the competitive world of business, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Over the past decade, Equifax Inc. and ZTO Express (Cayman) Inc. have shown contrasting trends in their SG&A cost management. From 2014 to 2023, Equifax's SG&A expenses grew by approximately 84%, while ZTO Express saw a staggering increase of around 354%. This significant difference highlights ZTO's rapid expansion and investment in administrative capabilities. However, Equifax's more stable growth suggests a focus on efficiency and cost control. By 2023, ZTO's SG&A expenses were about 75% higher than Equifax's, reflecting its aggressive growth strategy. Understanding these trends provides valuable insights into how these companies prioritize operational efficiency and growth, offering lessons for businesses aiming to optimize their own SG&A costs.