Managing SG&A Costs: AECOM vs. Pentair plc

In the competitive world of corporate finance, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. AECOM and Pentair plc, two industry giants, have shown contrasting approaches over the past decade. From 2014 to 2023, AECOM's SG&A expenses have seen a steady increase, peaking at approximately 160 million in 2024, reflecting a 98% rise from 2014. In contrast, Pentair plc's expenses have fluctuated, with a significant drop of 65% from 2014 to 2020, before stabilizing around 680 million in 2023. This suggests a strategic shift in Pentair's cost management, possibly indicating a focus on efficiency. While AECOM's consistent rise might point to expansion or increased operational costs, Pentair's volatility could reflect restructuring or strategic pivots. Understanding these trends offers valuable insights into each company's financial strategies and market positioning.