Who Optimizes SG&A Costs Better? Watsco, Inc. or U-Haul Holding Company

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. Watsco, Inc. and U-Haul Holding Company, two industry giants, have shown contrasting trends in their SG&A expenses over the past decade.

Watsco, Inc.: A Steady Climb

From 2014 to 2023, Watsco, Inc. has seen a consistent increase in SG&A expenses, peaking in 2022 with a 88% rise from 2014. This upward trend reflects the company's expansion efforts and market penetration strategies.

U-Haul Holding Company: A Rollercoaster Ride

Conversely, U-Haul's SG&A expenses have fluctuated, with a notable 77% decrease from 2014 to 2023. This reduction suggests a strategic focus on cost optimization and operational efficiency.

While Watsco's growth strategy is evident, U-Haul's cost-cutting measures highlight its commitment to lean operations. The missing data for 2024 suggests ongoing adjustments in their financial strategies.