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. This analysis delves into the SG&A trends of Texas Instruments Incorporated and Corpay, Inc. over the past decade.

Texas Instruments: A Steady Course

From 2014 to 2023, Texas Instruments has demonstrated a consistent approach to managing its SG&A expenses, with a slight decrease of approximately 3% over the period. Despite fluctuations, the company maintained a robust financial strategy, peaking in 2014 and showing resilience through economic shifts.

Corpay: A Dynamic Growth

Corpay, Inc. presents a contrasting narrative, with SG&A expenses surging by over 230% from 2014 to 2023. This growth reflects the company's aggressive expansion and adaptation strategies, positioning itself as a formidable player in the financial services sector.

Both companies exemplify distinct strategies in cost management, offering valuable insights into the diverse approaches within the industry.