Broadcom Inc. or Analog Devices, Inc.: Who Manages SG&A Costs Better?

Who Manages SG&A Costs Better: Broadcom Inc. or Analog Devices, Inc.?

In the competitive landscape of semiconductor giants, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, Broadcom Inc. and Analog Devices, Inc. have shown distinct strategies in handling these costs.

From 2014 to 2023, Broadcom's SG&A expenses surged by approximately 291%, peaking in 2024. In contrast, Analog Devices saw a more modest increase of around 180% over the same period. Notably, in 2023, Broadcom's SG&A expenses were about 25% higher than Analog Devices, indicating a more aggressive spending approach.

While Broadcom's strategy might suggest a focus on rapid expansion and market capture, Analog Devices appears to prioritize steady growth and cost efficiency. As the semiconductor industry continues to evolve, these differing approaches highlight the strategic choices companies make to balance growth and cost management.