Cost Management Insights: SG&A Expenses for Thomson Reuters Corporation and U-Haul Holding Company

Navigating Cost Management: A Tale of Two Companies

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 U-Haul Holding Company from 2014 to 2023. Thomson Reuters, a global leader in information services, saw a significant reduction in SG&A expenses, plummeting from a peak in 2014 to a mere fraction by 2023. This represents a dramatic decrease of over 99%, highlighting their strategic cost-cutting measures. In contrast, U-Haul, a stalwart in the moving and storage industry, maintained a relatively stable SG&A expense profile, with only minor fluctuations over the same period. This stability underscores U-Haul's consistent operational strategy. Notably, data for 2024 is incomplete, suggesting ongoing financial adjustments. These insights offer a compelling glimpse into how two distinct industries manage their operational costs over time.