Ferguson plc vs Avery Dennison Corporation: SG&A Expense Trends

SG&A Expense Trends: Ferguson plc vs Avery Dennison Corporation

In the ever-evolving landscape of corporate finance, understanding the trends in Selling, General, and Administrative (SG&A) expenses is crucial for investors and analysts alike. Over the past decade, Ferguson plc and Avery Dennison Corporation have showcased distinct trajectories in their SG&A expenditures.

A Decade of Change

From 2014 to 2023, Ferguson plc's SG&A expenses have surged by an impressive 116,000%, reflecting its aggressive expansion and operational scaling. In contrast, Avery Dennison Corporation has maintained a more stable path, with a modest 2% increase over the same period. This divergence highlights Ferguson's dynamic growth strategy compared to Avery Dennison's steady approach.

Key Insights

The data reveals a significant leap for Ferguson in 2016, marking a pivotal year with expenses jumping to $3.99 billion. Meanwhile, Avery Dennison's expenses peaked in 2022, reaching $1.33 billion. Notably, 2024 data for Avery Dennison is missing, leaving room for speculation on future trends.