Cost Management Insights: SG&A Expenses for Corning Incorporated and FLEETCOR Technologies, Inc.

Navigating SG&A Expenses: A Tale of Two Companies

In the ever-evolving landscape of corporate finance, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Corning Incorporated and FLEETCOR Technologies, Inc. offer a fascinating study in cost management over the past decade.

From 2014 to 2023, Corning's SG&A expenses have shown a steady upward trend, peaking at approximately 1.9 billion USD in 2023, marking a 60% increase from 2014. This growth reflects Corning's strategic investments in innovation and market expansion. In contrast, FLEETCOR's SG&A expenses have also risen, reaching over 1 billion USD in 2023, a significant 170% increase from 2014. This surge underscores FLEETCOR's aggressive growth strategy and market penetration efforts.

Interestingly, data for 2024 is incomplete, highlighting the dynamic nature of financial forecasting. As these companies continue to navigate the complexities of cost management, their strategies offer valuable insights for businesses worldwide.