U-Haul Holding Company vs Allegion plc: SG&A Expense Trends

SG&A Expense Trends: A Tale of Two Companies

In the ever-evolving landscape of corporate finance, understanding the trends in Selling, General, and Administrative (SG&A) expenses can offer valuable insights into a company's operational efficiency. Over the past decade, Allegion plc and U-Haul Holding Company have showcased contrasting trajectories in their SG&A expenses.

From 2014 to 2023, Allegion plc's SG&A expenses have surged by approximately 64%, peaking in 2023. This upward trend reflects the company's strategic investments in growth and expansion. In contrast, U-Haul Holding Company has experienced a significant reduction in SG&A expenses, dropping by nearly 77% over the same period. This decline suggests a focus on cost optimization and operational efficiency.

While Allegion's expenses reached their zenith in 2023, U-Haul's expenses have consistently decreased, with a notable dip in 2024. These trends highlight the diverse strategies employed by these companies in navigating the competitive business environment.