Deere & Company and Booz Allen Hamilton Holding Corporation: SG&A Spending Patterns Compared

SG&A Spending Patterns: A Tale of Two Giants

In the world of corporate finance, understanding the spending patterns of industry leaders can offer valuable insights. Over the past decade, Deere & Company and Booz Allen Hamilton Holding Corporation have showcased distinct trends in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Booz Allen Hamilton's SG&A expenses grew by approximately 95%, peaking in 2023, while Deere & Company saw a more modest increase of around 10% over the same period. Notably, Deere & Company experienced a significant surge in 2024, with SG&A expenses jumping by nearly 25% from the previous year. This divergence highlights the strategic differences between the two companies, with Booz Allen Hamilton focusing on steady growth and Deere & Company making a substantial leap in recent years. These patterns reflect broader industry trends and strategic priorities, offering a window into the financial health and operational strategies of these corporate titans.