Deere & Company or W.W. Grainger, Inc.: Who Manages SG&A Costs Better?

Who Manages SG&A Costs Better: Deere & Company or W.W. Grainger, Inc.?

In the competitive landscape of industrial giants, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, Deere & Company and W.W. Grainger, Inc. have shown distinct trends in their SG&A management. From 2014 to 2023, Deere & Company saw a 37% increase in SG&A expenses, peaking in 2024. In contrast, W.W. Grainger, Inc. experienced a 32% rise, with a notable spike in 2023. While Deere's expenses were consistently higher, Grainger's recent surge suggests a shift in cost management strategies. Missing data for 2024 in Grainger's records leaves room for speculation on future trends. As these industry leaders navigate economic challenges, their ability to control SG&A costs will be pivotal in sustaining their market positions.