Broadcom Inc. or Fortive Corporation: Who Manages SG&A Costs Better?

Broadcom Inc. vs. Fortive Corporation: A Tale of SG&A Management

In the competitive landscape of technology and industrial sectors, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Broadcom Inc. and Fortive Corporation, two giants in their respective fields, have shown distinct approaches over the past decade. From 2014 to 2023, Broadcom's SG&A expenses have fluctuated, peaking in 2024 with a significant increase, while Fortive's costs have steadily risen, reaching their highest in 2023. Notably, Broadcom's expenses in 2014 were just 29% of Fortive's, highlighting a more conservative approach initially. However, by 2023, Broadcom's expenses surged, indicating strategic investments or expansions. Fortive, on the other hand, maintained a consistent upward trend, suggesting a stable growth strategy. Missing data for 2024 in Fortive's records leaves room for speculation on future strategies. This analysis provides a window into how these corporations balance growth with cost management.