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 expenses of Thomson Reuters Corporation and Graco Inc. over the past decade, offering insights into their cost management strategies.

A Decade of Financial Insights

From 2014 to 2023, Graco Inc. demonstrated a steady increase in SG&A expenses, peaking at approximately 465 million USD in 2023, marking a 53% rise from 2014. In contrast, Thomson Reuters Corporation experienced a dramatic decline, with expenses plummeting from 9.2 billion USD in 2014 to a mere 64 million USD in 2023, a staggering 99% decrease. This sharp reduction suggests significant restructuring or strategic shifts within the company.

Missing Data and Future Trends

While Graco Inc. shows consistent data, Thomson Reuters' missing values in 2024 hint at potential reporting changes or strategic pivots. As businesses navigate the complexities of cost management, these insights underscore the importance of adaptive strategies in a dynamic market.