Advanced Micro Devices, Inc. and Fortive Corporation: SG&A Spending Patterns Compared

SG&A Spending Patterns: AMD vs. Fortive

In the ever-evolving landscape of corporate finance, understanding the spending patterns of industry giants can offer valuable insights. Over the past decade, Advanced Micro Devices, Inc. (AMD) and Fortive Corporation have showcased distinct trajectories in their Selling, General, and Administrative (SG&A) expenses.

A Decade of Change

From 2014 to 2023, AMD's SG&A expenses surged by nearly 300%, reflecting its aggressive growth strategy and market expansion. In contrast, Fortive's expenses grew by approximately 45%, indicating a more stable and consistent approach. Notably, AMD's expenses peaked in 2023, reaching a level comparable to Fortive's, which had been consistently higher throughout the decade.

Strategic Implications

These trends highlight AMD's dynamic shift towards increased operational spending, possibly to support its rapid technological advancements and market penetration. Meanwhile, Fortive's steady expenditure suggests a focus on maintaining operational efficiency and stability. As these companies continue to evolve, their SG&A spending patterns will remain a critical indicator of their strategic priorities.