Operational Costs Compared: SG&A Analysis of Deere & Company and Masco Corporation

A Decade of Operational Efficiency: SG&A Trends in Deere & Company vs. Masco Corporation

In the ever-evolving landscape of corporate America, operational efficiency remains a cornerstone of success. Over the past decade, Deere & Company and Masco Corporation have showcased contrasting trajectories in their Selling, General, and Administrative (SG&A) expenses. Deere & Company, a titan in the agricultural machinery sector, has seen its SG&A expenses grow by approximately 37% from 2014 to 2024, peaking at an impressive $4.5 billion in 2024. In contrast, Masco Corporation, a leader in home improvement products, maintained a more stable SG&A profile, with expenses fluctuating modestly around $1.4 billion annually. Notably, Masco's data for 2024 remains elusive, leaving room for speculation. This analysis underscores the strategic financial maneuvers of these industry giants, offering a window into their operational priorities and market adaptability.