Accenture plc or Teradyne, Inc.: Who Manages SG&A Costs Better?

Accenture vs. Teradyne: 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 Teradyne, Inc. have demonstrated contrasting approaches to SG&A cost management. From 2014 to 2023, Accenture's SG&A expenses have surged by approximately 106%, reflecting its expansive growth strategy. In contrast, Teradyne's expenses have increased by about 79%, indicating a more conservative approach.

Accenture's SG&A expenses peaked in 2023, reaching over $11 billion, while Teradyne's expenses remained under $600 million. This disparity highlights Accenture's aggressive market expansion and investment in operational capabilities. However, the data for 2024 is incomplete, leaving room for speculation on future trends. As businesses navigate the complexities of the global market, understanding these financial strategies offers valuable insights into corporate efficiency and growth potential.