Comparing SG&A Expenses: Avery Dennison Corporation vs Clean Harbors, Inc. Trends and Insights

SG&A Expenses: A Decade of Trends for Avery Dennison and Clean Harbors

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. Over the past decade, Avery Dennison Corporation and Clean Harbors, Inc. have shown distinct trajectories in their SG&A expenses.

From 2014 to 2023, Avery Dennison's SG&A expenses have seen a modest increase of approximately 15%, peaking in 2022. This reflects a strategic investment in operational efficiency and market expansion. In contrast, Clean Harbors, Inc. has experienced a more dramatic rise, with expenses surging by over 50% during the same period, indicating aggressive growth and possibly increased operational costs.

These trends highlight the differing strategies of these companies in managing their operational expenses, offering valuable insights for stakeholders looking to understand their financial health and strategic direction.