Comparing SG&A Expenses: Honeywell International Inc. vs Waste Management, Inc. Trends and Insights

SG&A Expenses: A Tale of Two Giants

In the world of corporate finance, Selling, General, and Administrative (SG&A) expenses are a crucial indicator of a company's operational efficiency. This article delves into the SG&A trends of two industry titans: Honeywell International Inc. and Waste Management, Inc., from 2014 to 2023.

Honeywell International Inc.

Honeywell's SG&A expenses have shown a fluctuating trend over the past decade. Starting at approximately $5.5 billion in 2014, they peaked at around $6 billion in 2018. However, a notable decline of about 23% was observed by 2023, reflecting strategic cost management.

Waste Management, Inc.

In contrast, Waste Management's SG&A expenses have steadily increased, rising from $1.5 billion in 2014 to nearly $1.9 billion in 2023. This 30% growth highlights the company's expansion and investment in administrative capabilities.

These trends offer valuable insights into the financial strategies and operational priorities of these two corporate giants.