Comparing SG&A Expenses: Fastenal Company vs Elbit Systems Ltd. Trends and Insights

SG&A Expenses: A Tale of Two Companies

In the competitive landscape of global business, understanding the financial strategies of industry leaders is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Fastenal Company and Elbit Systems Ltd. over the past decade.

Fastenal Company: A Steady Climb

Fastenal Company, a leader in industrial supplies, has seen a consistent rise in SG&A expenses, growing approximately 64% from 2014 to 2023. This increase reflects their strategic expansion and investment in operational efficiencies.

Elbit Systems Ltd.: A Gradual Increase

Elbit Systems Ltd., a prominent player in defense electronics, has experienced a 95% increase in SG&A expenses over the same period. This growth underscores their commitment to innovation and market expansion.

While Fastenal's expenses are higher, Elbit's rapid growth trajectory highlights their aggressive market strategies. The data for 2024 is incomplete, indicating potential shifts in these trends.