| __timestamp | Thomson Reuters Corporation | Westinghouse Air Brake Technologies Corporation |
|---|---|---|
| Wednesday, January 1, 2014 | 9209000000 | 324539000 |
| Thursday, January 1, 2015 | 8810000000 | 319173000 |
| Friday, January 1, 2016 | 8232000000 | 327505000 |
| Sunday, January 1, 2017 | 8079000000 | 482852000 |
| Monday, January 1, 2018 | 4131000000 | 573644000 |
| Tuesday, January 1, 2019 | 4413000000 | 936600000 |
| Wednesday, January 1, 2020 | 3999000000 | 877100000 |
| Friday, January 1, 2021 | 1624000000 | 1005000000 |
| Saturday, January 1, 2022 | 1622000000 | 1020000000 |
| Sunday, January 1, 2023 | 64000000 | 1139000000 |
| Monday, January 1, 2024 | 1248000000 |
Igniting the spark of knowledge
In the world of corporate finance, Selling, General, and Administrative (SG&A) expenses are a crucial indicator of a company's operational efficiency. This analysis compares the SG&A expenses of Thomson Reuters Corporation and Westinghouse Air Brake Technologies Corporation from 2014 to 2023.
Thomson Reuters saw a dramatic reduction in SG&A expenses, plummeting from a peak in 2014 to a mere fraction by 2023. This represents a staggering 99% decrease, reflecting strategic cost-cutting measures and perhaps a shift in business focus.
Conversely, Westinghouse Air Brake Technologies Corporation experienced a consistent rise in SG&A expenses, increasing by approximately 250% over the same period. This growth could indicate expansion efforts or increased operational costs.
Understanding these trends provides valuable insights into each company's strategic priorities and financial health.
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