| __timestamp | RTX Corporation | Thomson Reuters Corporation |
|---|---|---|
| Wednesday, January 1, 2014 | 6500000000 | 9209000000 |
| Thursday, January 1, 2015 | 5886000000 | 8810000000 |
| Friday, January 1, 2016 | 6060000000 | 8232000000 |
| Sunday, January 1, 2017 | 6183000000 | 8079000000 |
| Monday, January 1, 2018 | 7066000000 | 4131000000 |
| Tuesday, January 1, 2019 | 8521000000 | 4413000000 |
| Wednesday, January 1, 2020 | 5540000000 | 3999000000 |
| Friday, January 1, 2021 | 5224000000 | 1624000000 |
| Saturday, January 1, 2022 | 5663000000 | 1622000000 |
| Sunday, January 1, 2023 | 4029000000 | 64000000 |
| Monday, January 1, 2024 | 5806000000 |
Igniting the spark of knowledge
In the ever-evolving landscape of corporate finance, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, RTX Corporation and Thomson Reuters Corporation have demonstrated contrasting approaches to cost management.
From 2014 to 2023, RTX Corporation's SG&A expenses fluctuated, peaking in 2019 with a 42% increase from 2014, before dropping to their lowest in 2023. Meanwhile, Thomson Reuters saw a dramatic 99% reduction in SG&A expenses from 2014 to 2023, reflecting strategic cost-cutting measures.
These trends highlight the importance of adaptive strategies in cost management. While RTX's expenses show volatility, Thomson Reuters' consistent decline suggests a focused approach to efficiency. As we look to 2024, the absence of data for Thomson Reuters invites speculation on their future strategies.
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Comprehensive EBITDA Comparison: RTX Corporation vs Thomson Reuters Corporation