Breaking Down SG&A Expenses: Apple Inc. vs Teledyne Technologies Incorporated

A Tale of Two Giants: Apple Inc. vs. Teledyne Technologies

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, Apple Inc. has consistently demonstrated its prowess, with SG&A expenses growing from approximately $12 billion in 2014 to over $26 billion in 2024. This represents a staggering 117% increase, reflecting Apple's expansive growth and strategic investments.

Conversely, Teledyne Technologies Incorporated, a leader in industrial technology, has shown a more modest trajectory. From 2014 to 2023, their SG&A expenses rose from around $612 million to $1.2 billion, marking a 97% increase. This growth, while significant, highlights the contrasting scales and strategies of these two industry titans.

The data for 2024 is incomplete for Teledyne, suggesting a need for further analysis. This comparison underscores the diverse approaches companies take in managing operational costs.