Jacobs Engineering Group Inc. and Avery Dennison Corporation: SG&A Spending Patterns Compared

SG&A Spending Patterns: A Tale of Two Corporations

In the ever-evolving landscape of corporate finance, understanding the spending patterns of industry giants can offer valuable insights. Over the past decade, Jacobs Engineering Group Inc. and Avery Dennison Corporation have showcased distinct trends in their Selling, General, and Administrative (SG&A) expenses.

From 2014 to 2023, Jacobs Engineering's SG&A expenses surged by approximately 55%, peaking in 2022. This growth reflects their strategic investments and expansion efforts. In contrast, Avery Dennison's SG&A expenses remained relatively stable, with a modest increase of about 15% over the same period, indicating a more conservative approach to operational spending.

Interestingly, 2024 data for Avery Dennison is missing, leaving room for speculation on their future financial strategies. As these companies navigate the complexities of their respective industries, their SG&A spending patterns provide a window into their operational priorities and market positioning.