Breaking Down SG&A Expenses: Applied Materials, Inc. vs Fortive Corporation

A Comparative Analysis of SG&A Expenses: Applied Materials, Inc. vs. Fortive Corporation

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, Applied Materials, Inc. and Fortive Corporation have showcased distinct trajectories in their SG&A expenditures. From 2014 to 2023, Fortive consistently outpaced Applied Materials, with its SG&A expenses peaking at approximately 2.22 billion in 2019, marking a 57% increase from 2014. In contrast, Applied Materials saw a steady rise, culminating in a 102% increase by 2023, reaching nearly 1.8 billion. This divergence highlights Fortive's aggressive expansion strategies, while Applied Materials demonstrates a more measured growth approach. Notably, data for Fortive in 2024 is absent, suggesting potential shifts in reporting or strategic pivots. As these industry giants continue to evolve, their SG&A trends offer valuable insights into their operational priorities and market strategies.