XPO Logistics, Inc. or AECOM: Who Manages SG&A Costs Better?

Who Manages SG&A Costs Better: XPO Logistics or AECOM?

In the competitive landscape of logistics and engineering, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. From 2014 to 2023, XPO Logistics and AECOM have shown distinct strategies in handling these costs. XPO Logistics, with its expansive operations, saw a peak in SG&A expenses in 2020, reaching over 2.1 billion, before a significant reduction to 167 million by 2023. This represents a dramatic 92% decrease, highlighting their aggressive cost-cutting measures. In contrast, AECOM maintained a more stable approach, with expenses fluctuating modestly around 150 million annually, peaking at 188 million in 2020. This consistent management reflects a steady growth strategy. As we look towards 2024, AECOM's data remains available, while XPO's is yet to be reported, leaving room for speculation on future trends.