Cost Management Insights: SG&A Expenses for AECOM and Allegion plc

Navigating Cost Management: AECOM vs. Allegion plc

In the ever-evolving landscape of corporate finance, effective cost management is crucial. AECOM and Allegion plc, two industry giants, have demonstrated contrasting strategies in managing their Selling, General, and Administrative (SG&A) expenses over the past decade. From 2014 to 2023, AECOM's SG&A expenses have seen a steady increase, peaking in 2020 with a 133% rise from 2014 levels. Meanwhile, Allegion plc's expenses have shown a more volatile pattern, with a notable 64% increase from 2014 to 2023, despite a dip in 2020. This divergence highlights the distinct financial strategies employed by these companies. Interestingly, data for Allegion plc in 2024 is missing, leaving room for speculation on future trends. As businesses navigate the complexities of cost management, these insights offer valuable lessons in strategic financial planning.