Analyzing SG&A Expense Trends: Accenture vs. Fiserv

In the ever-evolving landscape of corporate finance, understanding the trends in Selling, General, and Administrative (SG&A) expenses is crucial for investors and analysts. Over the past decade, Accenture plc and Fiserv, Inc. have shown distinct trajectories in their SG&A expenses, reflecting their strategic priorities and market dynamics.

Accenture's Steady Climb

From 2014 to 2023, Accenture's SG&A expenses have surged by approximately 100%, indicating a robust expansion strategy. This growth underscores Accenture's commitment to scaling its operations and enhancing its market presence.

Fiserv's Dynamic Shift

Conversely, Fiserv's SG&A expenses have increased by over 570% from 2014 to 2023, with a notable spike post-2019. This sharp rise aligns with Fiserv's aggressive acquisition strategy and integration efforts.

While Accenture's data for 2024 is available, Fiserv's is not, suggesting potential strategic shifts or reporting delays. These insights offer a window into the financial strategies of these industry giants.