Who Optimizes SG&A Costs Better? Waste Management, Inc. or Nordson Corporation

Optimizing SG&A Costs: A Tale of Two Companies

In the competitive landscape of corporate America, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Waste Management, Inc. and Nordson Corporation, two industry giants, have shown distinct approaches over the past decade. From 2014 to 2023, Waste Management's SG&A expenses have consistently been higher, peaking at nearly 1.9 billion in 2022. In contrast, Nordson Corporation maintained a more modest trajectory, with expenses averaging around 700 million annually.

A Decade of Financial Strategy

While Waste Management's expenses grew by approximately 30% over the period, Nordson's increased by about 40%, indicating a more aggressive expansion strategy. However, the data for 2024 is incomplete, leaving room for speculation on future trends. This analysis highlights the importance of strategic cost management in sustaining competitive advantage and profitability.