ASML Holding N.V. or FLEETCOR Technologies, Inc.: Who Manages SG&A Costs Better?

Who Manages SG&A Costs Better: ASML Holding N.V. or FLEETCOR Technologies, Inc.?

In the competitive landscape of global business, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Over the past decade, ASML Holding N.V. and FLEETCOR Technologies, Inc. have shown distinct strategies in handling these costs. From 2014 to 2023, ASML's SG&A expenses surged by approximately 250%, reflecting its aggressive expansion and investment in innovation. Meanwhile, FLEETCOR's expenses increased by about 170%, indicating a more conservative approach.

In 2023, ASML's SG&A expenses reached a peak, surpassing FLEETCOR by nearly 8%. This trend suggests ASML's commitment to scaling operations, possibly to maintain its leadership in the semiconductor industry. Conversely, FLEETCOR's steadier growth in expenses may highlight its focus on operational efficiency. As these companies continue to evolve, their SG&A management strategies will be pivotal in shaping their financial futures.