RTX Corporation or Equifax Inc.: Who Manages SG&A Costs Better?

Managing SG&A Costs: A Tale of Two Giants

In the competitive world of corporate finance, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Over the past decade, RTX Corporation and Equifax Inc. have demonstrated contrasting approaches to handling these costs. From 2014 to 2023, RTX Corporation's SG&A expenses fluctuated significantly, peaking in 2019 and then declining by approximately 53% by 2023. In contrast, Equifax Inc. maintained a more consistent trajectory, with a steady increase of about 84% over the same period.

This divergence highlights RTX's strategic cost-cutting measures, especially post-2019, while Equifax's gradual increase suggests a focus on expansion and investment. The data for 2024 is incomplete, leaving room for speculation on future trends. As these industry leaders continue to evolve, their SG&A management strategies will remain a key indicator of their financial health and operational efficiency.