Cost Management Insights: SG&A Expenses for Thomson Reuters Corporation and Ingersoll Rand Inc.

Navigating SG&A Expenses: A Tale of Two Corporations

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, Thomson Reuters Corporation and Ingersoll Rand Inc. have demonstrated contrasting trajectories in their SG&A expenses.

From 2014 to 2023, Thomson Reuters saw a dramatic decline of approximately 99% in SG&A expenses, plummeting from over $9 billion to a mere $64 million. This significant reduction reflects strategic cost-cutting measures and operational efficiencies. In contrast, Ingersoll Rand's SG&A expenses surged by 167%, rising from $476 million to $1.27 billion, indicating potential expansion and increased operational activities.

These trends highlight the diverse strategies companies employ to manage costs, with Thomson Reuters focusing on lean operations and Ingersoll Rand potentially investing in growth. Understanding these dynamics offers valuable insights into corporate financial strategies in today's competitive market.