Breaking Down SG&A Expenses: Expeditors International of Washington, Inc. vs Pool Corporation

A Comparative Analysis of SG&A Expenses: Expeditors International vs. Pool Corporation

In the ever-evolving landscape of corporate finance, understanding Selling, General, and Administrative (SG&A) expenses is crucial for evaluating a company's operational efficiency. This analysis delves into the SG&A expenses of Expeditors International of Washington, Inc. and Pool Corporation from 2014 to 2023.

Expeditors International, a global logistics company, saw its SG&A expenses fluctuate, peaking in 2018 before dropping significantly in 2020. By 2023, their expenses had rebounded to approximately 28% of their 2014 levels. In contrast, Pool Corporation, a leading distributor of swimming pool supplies, consistently increased its SG&A expenses, growing by nearly 100% over the same period.

This stark contrast highlights differing strategic approaches: Expeditors' focus on cost control versus Pool's investment in growth. Such insights are invaluable for investors and analysts seeking to understand the financial health and strategic direction of these industry leaders.