Who Optimizes SG&A Costs Better? Masco Corporation or Jacobs Engineering Group Inc.

Optimizing SG&A Costs: A Tale of Two Giants

In the competitive landscape of corporate America, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Masco Corporation and Jacobs Engineering Group Inc. have been at the forefront of this financial balancing act since 2014. Over the past decade, Jacobs Engineering has seen its SG&A expenses rise by approximately 55%, peaking in 2022. In contrast, Masco Corporation has maintained a more stable trajectory, with expenses fluctuating around a 10% range.

A Closer Look at Trends

Jacobs Engineering's SG&A costs surged notably in 2018, marking a 58% increase from 2017, while Masco's expenses remained relatively steady. This trend suggests Jacobs is investing heavily in administrative capabilities, possibly to support growth initiatives. Meanwhile, Masco's consistent expense management reflects a strategic focus on operational efficiency.

As we move into 2024, Masco's data is missing, leaving room for speculation on its future strategies. Will it continue its steady path, or will it pivot to a new approach?