SG&A Expense Trends: A Tale of Two Companies

A Comparative Analysis of Applied Materials, Inc. and Manhattan Associates, Inc.

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 alike. This article delves into the SG&A expense trends of two prominent companies: Applied Materials, Inc. and Manhattan Associates, Inc., from 2014 to 2024.

Over the past decade, Applied Materials has seen a significant increase in its SG&A expenses, growing by approximately 102% from 2014 to 2024. This upward trajectory reflects the company's strategic investments in expanding its operational capabilities. In contrast, Manhattan Associates experienced a more modest increase of around 71% during the same period, indicating a steady yet controlled growth approach.

These trends highlight the differing strategies of these companies in managing their operational costs, offering valuable insights for stakeholders looking to understand their financial health and strategic direction.