Comparing SG&A Expenses: TransUnion vs Avery Dennison Corporation Trends and Insights

SG&A Expenses: A Tale of Two Corporations

In the ever-evolving landscape of corporate finance, understanding the trends in Selling, General, and Administrative (SG&A) expenses is crucial. This analysis delves into the financial journeys of TransUnion and Avery Dennison Corporation from 2014 to 2023.

A Decade of Financial Insights

Avery Dennison Corporation, a leader in labeling and packaging materials, consistently maintained higher SG&A expenses compared to TransUnion, a global information and insights company. However, the gap narrowed significantly over the years. In 2014, Avery Dennison's SG&A expenses were nearly 2.7 times that of TransUnion. By 2022, both companies reported similar expenses, with TransUnion experiencing a remarkable 207% increase over the decade.

Key Takeaways

This convergence highlights TransUnion's aggressive expansion and strategic investments, while Avery Dennison's expenses reflect steady growth and operational efficiency. As we move forward, these trends offer valuable insights into the strategic priorities of these industry giants.