Breaking Down SG&A Expenses: SAP SE vs Leidos Holdings, Inc.

A Comparative Analysis of SG&A Expenses: SAP SE vs. Leidos Holdings, 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 two major players: SAP SE and Leidos Holdings, Inc., from 2014 to 2023.

SAP SE, a leader in enterprise software, consistently outpaces Leidos Holdings in SG&A expenses, reflecting its expansive global operations. In 2022, SAP's SG&A expenses were approximately 11 billion, nearly 12 times higher than Leidos Holdings, which reported around 950 million. This disparity highlights SAP's extensive investment in marketing and administrative functions to maintain its market dominance.

Interestingly, Leidos Holdings, a key player in the defense and technology sector, has shown a steady increase in SG&A expenses, growing by over 200% from 2014 to 2023. This growth underscores its strategic expansion and increased focus on operational efficiency.

This comparative analysis offers valuable insights into the financial strategies of these two industry leaders, providing a window into their operational priorities and market positioning.