Booz Allen Hamilton Holding Corporation or Allegion plc: Who Manages SG&A Costs Better?

SG&A Cost Management: Allegion plc vs. Booz Allen Hamilton

In the competitive landscape of corporate finance, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. From 2014 to 2023, Allegion plc and Booz Allen Hamilton Holding Corporation have shown distinct strategies in handling these costs. Allegion plc, a leader in security products, maintained a steady increase in SG&A expenses, peaking at approximately 866 million in 2023, reflecting a 64% rise over the decade. In contrast, Booz Allen Hamilton, a consulting giant, saw its SG&A expenses soar by 95%, reaching around 4.34 billion in 2023. This significant difference highlights Booz Allen's expansive growth strategy, while Allegion's more conservative approach suggests a focus on efficiency. Notably, 2024 data for Allegion is missing, indicating potential reporting delays or strategic shifts. Understanding these trends offers valuable insights into each company's operational priorities and financial health.