Operational Costs Compared: SG&A Analysis of PACCAR Inc and W.W. Grainger, Inc.

A Comparative Analysis of SG&A Expenses: PACCAR Inc vs. W.W. Grainger, Inc.

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 industrial giants: PACCAR Inc and W.W. Grainger, Inc., from 2014 to 2023.

PACCAR Inc, a leader in the design and manufacture of premium trucks, has seen its SG&A expenses grow by approximately 40% over the decade, peaking in 2023. In contrast, W.W. Grainger, Inc., a major player in the industrial supply sector, experienced a 32% increase, with a notable surge in 2023.

While PACCAR's expenses remained relatively stable until 2018, Grainger's expenses consistently outpaced PACCAR's, highlighting its expansive operational scale. The data for 2024 is incomplete, offering an opportunity for further analysis as new data becomes available.