Fastenal Company or AECOM: Who Manages SG&A Costs Better?

Managing SG&A Costs: AECOM vs. Fastenal Company

In the competitive landscape of corporate finance, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. AECOM and Fastenal Company, two industry giants, have shown distinct approaches over the past decade. From 2014 to 2024, Fastenal consistently reported higher SG&A expenses, peaking at nearly $1.9 billion in 2024, a 70% increase from 2014. In contrast, AECOM's SG&A expenses grew by approximately 98% over the same period, reaching $160 million in 2024. This trend suggests Fastenal's larger scale of operations, while AECOM's sharper increase indicates strategic investments or operational expansions. Understanding these dynamics offers valuable insights into each company's financial strategies and market positioning. As businesses navigate economic challenges, effective SG&A management remains a key differentiator in sustaining growth and competitiveness.