Jacobs Engineering Group Inc. vs Elbit Systems Ltd.: SG&A Expense Trends

SG&A Expense Trends: A Tale of Two Giants

In the competitive landscape of global engineering and defense, Jacobs Engineering Group Inc. and Elbit Systems Ltd. have showcased distinct trajectories in their Selling, General, and Administrative (SG&A) expenses over the past decade. From 2014 to 2023, Jacobs Engineering's SG&A expenses surged by approximately 55%, peaking in 2022. This reflects their aggressive expansion and strategic investments. In contrast, Elbit Systems experienced a more moderate increase of around 95% during the same period, indicating steady growth in their operational expenditures. Notably, 2023 marked a year of record SG&A expenses for Elbit Systems, while Jacobs Engineering saw a slight dip. The data for 2024 is incomplete, highlighting the dynamic nature of financial forecasting. These trends underscore the differing strategies of these industry leaders, with Jacobs focusing on rapid scaling and Elbit maintaining a steady growth trajectory.