Expeditors International of Washington, Inc. or Nordson Corporation: Who Manages SG&A Costs Better?

Who Manages SG&A Costs Better: Expeditors International or Nordson Corporation?

In the competitive landscape of logistics and manufacturing, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Expeditors International of Washington, Inc. and Nordson Corporation, two industry giants, have shown contrasting approaches over the past decade.

From 2014 to 2023, Expeditors International consistently maintained lower SG&A expenses, averaging around $34 million annually. This reflects a strategic focus on cost efficiency, particularly evident in 2020 and 2021 when expenses dropped significantly to $18 million and $16 million, respectively. In contrast, Nordson Corporation's SG&A expenses averaged a much higher $685 million, peaking at $812 million in 2024. This suggests a more aggressive investment in administrative functions, possibly to support growth initiatives.

While Expeditors demonstrates a leaner cost structure, Nordson's higher expenses might indicate a robust expansion strategy. The missing data for Expeditors in 2024 suggests a need for further analysis to understand future trends.