Breaking Down SG&A Expenses: Accenture plc vs Manhattan Associates, Inc.

A Tale of Two Companies: SG&A Expenses Over a Decade

In the ever-evolving landscape of corporate finance, understanding the nuances of Selling, General, and Administrative (SG&A) expenses is crucial. Over the past decade, Accenture plc and Manhattan Associates, Inc. have showcased contrasting trajectories in their SG&A expenditures. From 2014 to 2024, Accenture's SG&A expenses have surged by approximately 106%, reflecting its expansive growth and strategic investments. In contrast, Manhattan Associates, Inc. has seen a more modest increase of around 71% in the same period, indicating a steady yet cautious approach to scaling operations.

Accenture's expenses, which started at $5.4 billion in 2014, have consistently climbed, reaching over $11 billion by 2024. Meanwhile, Manhattan Associates, Inc. began with $97 million and has grown to $166 million. This divergence highlights the differing scales and strategies of these two industry players, offering valuable insights into their operational priorities and market positioning.