Fastenal Company or C.H. Robinson Worldwide, Inc.: Who Manages SG&A Costs Better?

Who Manages SG&A Costs Better: Fastenal or C.H. Robinson?

In the competitive landscape of corporate America, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Fastenal Company and C.H. Robinson Worldwide, Inc. have been at the forefront of this financial balancing act since 2014. Over the past decade, Fastenal has consistently outpaced C.H. Robinson in SG&A efficiency. Fastenal's SG&A expenses have grown by approximately 71% from 2014 to 2024, while C.H. Robinson's expenses have surged by nearly 100% in the same period. This indicates Fastenal's superior cost management strategy, maintaining a steadier growth trajectory. As businesses navigate economic uncertainties, understanding these trends offers valuable insights into strategic financial management. Fastenal's approach could serve as a model for companies aiming to optimize their SG&A expenses while sustaining growth.