Who Optimizes SG&A Costs Better? Old Dominion Freight Line, Inc. or Equifax Inc.

Optimizing SG&A Costs: A Tale of Two Companies

In the competitive world of business, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. This analysis compares the SG&A cost optimization strategies of Old Dominion Freight Line, Inc. and Equifax Inc. from 2014 to 2023. Over this period, Equifax's SG&A expenses grew by approximately 84%, peaking in 2019. In contrast, Old Dominion Freight Line, Inc. saw a 94% increase, with a steady rise each year. Despite Equifax's larger absolute expenses, Old Dominion's consistent growth suggests a strategic expansion. The data reveals that while Equifax's expenses are significantly higher, Old Dominion's proportional increase indicates a robust growth strategy. This comparison highlights the importance of balancing cost management with business growth, offering valuable insights for investors and business strategists alike.