Navigating SG&A Expenses: A Tale of Two Corporations

In the ever-evolving landscape of corporate finance, effective cost management is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Thomson Reuters Corporation and TransUnion from 2014 to 2023.

Thomson Reuters Corporation: A Decade of Transformation

Thomson Reuters has seen a dramatic shift in its SG&A expenses, plummeting by approximately 99% from 2014 to 2023. This significant reduction reflects strategic cost-cutting measures and a focus on operational efficiency. The most notable drop occurred between 2021 and 2023, where expenses fell from 1.6 billion to a mere 64 million.

TransUnion: Steady Growth

In contrast, TransUnion's SG&A expenses have steadily increased, growing by about 170% over the same period. This rise, peaking at 1.34 billion in 2022, indicates an expansion strategy, possibly investing in technology and talent to drive growth.

Understanding these trends offers valuable insights into the financial strategies of these industry giants.