Operational Costs Compared: SG&A Analysis of Honeywell International Inc. and Builders FirstSource, Inc.

A Comparative Analysis of SG&A Expenses: Honeywell vs. Builders FirstSource

In the ever-evolving landscape of corporate finance, understanding operational costs is crucial for stakeholders. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two industry giants: Honeywell International Inc. and Builders FirstSource, Inc., from 2014 to 2023.

Honeywell, a leader in diversified technology, consistently reported higher SG&A expenses, peaking in 2018 with approximately $6 billion. However, a notable decline of around 23% was observed by 2023. In contrast, Builders FirstSource, a key player in the construction sector, showcased a remarkable growth trajectory. Starting at $306 million in 2014, their SG&A expenses surged over 1,100% by 2022, reflecting strategic expansions and acquisitions.

This decade-long comparison highlights the dynamic nature of operational strategies, offering insights into how these companies navigate economic challenges and opportunities.