Operational Costs Compared: SG&A Analysis of Accenture plc and Lam Research Corporation

A Decade of SG&A: Accenture vs. Lam Research

In the ever-evolving landscape of corporate finance, understanding operational costs is crucial. Over the past decade, Accenture plc and Lam Research Corporation have showcased distinct trajectories in their Selling, General, and Administrative (SG&A) expenses. Accenture's SG&A expenses have surged by approximately 106% from 2014 to 2024, reflecting its expansive growth strategy. In contrast, Lam Research's SG&A expenses have seen a more modest increase of about 42% over the same period, indicating a more conservative approach.

Key Insights

• Accenture's Growth: By 2024, Accenture's SG&A expenses are projected to be nearly 13 times higher than Lam Research's, highlighting its aggressive market expansion.
• Lam Research's Stability: Despite a smaller increase, Lam Research maintains a steady growth pattern, focusing on efficiency.

This analysis underscores the strategic differences between these industry giants, offering valuable insights for investors and analysts alike.