TransUnion or AECOM: Who Manages SG&A Costs Better?

A Tale of Two Companies: SG&A Management in Focus

In the competitive landscape of corporate America, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. AECOM and TransUnion, two industry giants, have shown contrasting approaches over the past decade. From 2014 to 2023, AECOM's SG&A expenses grew by approximately 98%, while TransUnion's surged by nearly 169%. This stark difference highlights TransUnion's aggressive expansion strategy, reflected in its higher SG&A costs. Notably, in 2022, TransUnion's expenses peaked at 1.34 billion, dwarfing AECOM's 160 million. However, AECOM's consistent expense management, with a standard deviation of 28.5 million, suggests a more stable approach. As we look to 2024, AECOM's data remains complete, while TransUnion's is yet to be revealed, leaving room for speculation on future strategies. This analysis underscores the importance of strategic SG&A management in sustaining competitive advantage.