Breaking Down SG&A Expenses: SAP SE vs Analog Devices, Inc.

A Comparative Analysis of SG&A Expenses: SAP SE vs. Analog Devices, Inc.

In the ever-evolving landscape of global business, understanding the financial strategies of industry giants is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of SAP SE and Analog Devices, Inc. from 2014 to 2023. Over this decade, SAP SE consistently outpaced Analog Devices, Inc. in SG&A spending, reflecting its expansive global operations. For instance, in 2022, SAP SE's SG&A expenses were approximately 9 times higher than those of Analog Devices, Inc., highlighting its significant investment in administrative and sales functions. However, Analog Devices, Inc. showed a remarkable growth trend, with its SG&A expenses nearly tripling from 2014 to 2023. This growth underscores its strategic expansion and increased market presence. Notably, data for SAP SE in 2024 is missing, indicating potential reporting delays or strategic shifts.