Who Optimizes SG&A Costs Better? Booz Allen Hamilton Holding Corporation or Avery Dennison Corporation

Optimizing SG&A Costs: A Tale of Two Corporations

In the competitive world of corporate finance, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. From 2014 to 2023, Booz Allen Hamilton Holding Corporation and Avery Dennison Corporation have showcased distinct strategies in optimizing these costs. Booz Allen Hamilton's SG&A expenses have surged by approximately 95%, peaking in 2023, while Avery Dennison's expenses have seen a modest increase of about 2% over the same period. This stark contrast highlights Booz Allen's aggressive expansion and investment in administrative capabilities, whereas Avery Dennison has maintained a more stable cost structure. Notably, 2024 data for Avery Dennison is missing, leaving room for speculation on their future strategy. As businesses navigate economic uncertainties, these insights into SG&A management offer valuable lessons in balancing growth with cost efficiency.