Avery Dennison Corporation vs Rentokil Initial plc: SG&A Expense Trends

SG&A Expense Trends: Avery Dennison vs. Rentokil Initial

In the ever-evolving landscape of corporate finance, understanding the trends in Selling, General, and Administrative (SG&A) expenses is crucial for investors and analysts alike. Avery Dennison Corporation and Rentokil Initial plc, two giants in their respective industries, have shown intriguing patterns over the past decade.

From 2014 to 2023, Avery Dennison's SG&A expenses have remained relatively stable, with a slight increase of about 15% over the period. In contrast, Rentokil Initial experienced a dramatic surge, with expenses peaking in 2023 at nearly three times their 2014 levels. This sharp rise, particularly in the last year, suggests strategic investments or expansions.

These trends highlight the differing strategic priorities of the two companies. While Avery Dennison maintains a steady course, Rentokil's aggressive growth strategy is evident. Investors should consider these dynamics when evaluating potential opportunities in these companies.