Deere & Company vs Builders FirstSource, Inc.: SG&A Expense Trends

SG&A Expense Trends: A Tale of Two Companies

In the ever-evolving landscape of the construction and agricultural machinery sectors, understanding the financial health of industry giants is crucial. Over the past decade, Deere & Company and Builders FirstSource, Inc. have showcased distinct trends in their Selling, General, and Administrative (SG&A) expenses.

From 2014 to 2023, Deere & Company consistently maintained higher SG&A expenses, peaking in 2024 with a 37% increase from 2014. This reflects their expansive global operations and commitment to innovation. In contrast, Builders FirstSource, Inc. experienced a dramatic rise, with expenses surging over 1,100% from 2014 to 2022, highlighting their aggressive growth strategy and market consolidation efforts.

Interestingly, 2023 saw a slight dip for Builders FirstSource, Inc., possibly indicating a strategic shift or market adjustment. Missing data for 2024 suggests ongoing developments. These trends offer a window into the strategic priorities and market dynamics shaping these industry leaders.