Accenture plc or Dell Technologies Inc.: Who Manages SG&A Costs Better?

Accenture vs. Dell: A Decade of SG&A Management

In the ever-evolving landscape of corporate finance, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, Accenture plc and Dell Technologies Inc. have demonstrated contrasting approaches to SG&A cost management.

From 2014 to 2024, Accenture's SG&A expenses grew by approximately 106%, starting from $5.4 billion and reaching $11.1 billion. This steady increase reflects Accenture's strategic investments in growth and innovation. In contrast, Dell's SG&A expenses peaked in 2019 at $20.6 billion, before declining to $12.9 billion in 2024, a 37% reduction. This decline highlights Dell's focus on cost optimization and efficiency.

While Accenture's expenses rose consistently, Dell's fluctuated, indicating different strategic priorities. As businesses navigate the complexities of the modern economy, these insights into SG&A management offer valuable lessons in balancing growth and efficiency.