SG&A Efficiency Analysis: Comparing Deere & Company and Waste Connections, Inc.

SG&A Efficiency: A Tale of Two Giants

In the world of corporate finance, understanding the efficiency of Selling, General, and Administrative (SG&A) expenses is crucial. Over the past decade, Deere & Company and Waste Connections, Inc. have showcased contrasting trends in their SG&A expenditures. Deere & Company, a leader in agricultural machinery, has seen its SG&A expenses grow by approximately 37% from 2014 to 2024, reflecting strategic investments and expansion. In contrast, Waste Connections, Inc., a prominent player in waste management, has experienced a more modest increase of around 248% from 2014 to 2023, indicating a focus on operational efficiency. Notably, 2024 data for Waste Connections is missing, suggesting potential shifts or reporting delays. This analysis highlights the diverse strategies employed by these industry leaders in managing their operational costs, offering valuable insights for investors and analysts alike.