Pool Corporation or U-Haul Holding Company: Who Manages SG&A Costs Better?

Who Manages SG&A Costs Better: Pool Corporation or U-Haul Holding Company?

In the competitive landscape of corporate America, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Over the past decade, Pool Corporation and U-Haul Holding Company have shown contrasting trends in their SG&A management. From 2014 to 2023, Pool Corporation's SG&A expenses surged by approximately 101%, reflecting a strategic expansion or increased operational costs. In contrast, U-Haul's SG&A expenses decreased by about 77%, indicating a more stringent cost management approach. Notably, in 2023, Pool Corporation's expenses were nearly 15 times higher than U-Haul's, highlighting a significant divergence in financial strategies. While Pool Corporation's rising costs might suggest growth, U-Haul's cost-cutting could imply efficiency. However, missing data for 2024 suggests caution in drawing definitive conclusions. As investors and analysts evaluate these trends, the question remains: which strategy will yield better long-term returns?