Who Optimizes SG&A Costs Better? United Rentals, Inc. or Jacobs Engineering Group Inc.

Optimizing SG&A Costs: A Tale of Two Giants

In the competitive landscape of industrial services, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Over the past decade, United Rentals, Inc. and Jacobs Engineering Group Inc. have showcased distinct strategies in optimizing these costs. From 2014 to 2024, Jacobs Engineering consistently maintained higher SG&A expenses, peaking at approximately $2.4 billion in 2022. In contrast, United Rentals demonstrated a more conservative approach, with expenses rising from $758 million in 2014 to $1.65 billion in 2024, marking a 117% increase.

A Decade of Financial Strategy

Jacobs Engineering's SG&A expenses grew by 39% over the same period, reflecting their expansive operational strategy. This comparison highlights the differing financial strategies of these industry leaders. As businesses navigate economic challenges, understanding these trends offers valuable insights into cost management and strategic planning.