A Decade of SG&A: ASML vs. PTC

In the ever-evolving landscape of technology, operational efficiency is paramount. Over the past decade, ASML Holding N.V. and PTC Inc. have demonstrated contrasting trends in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, ASML's SG&A expenses surged by approximately 250%, reflecting its aggressive expansion and market dominance. In contrast, PTC Inc. maintained a steadier growth, with a 53% increase over the same period.

Key Insights

• ASML's Growth: By 2023, ASML's SG&A expenses reached a peak, highlighting its strategic investments in innovation and infrastructure.
• PTC's Stability: PTC's consistent expense management underscores its focus on sustainable growth.

The data reveals a fascinating narrative of two industry giants navigating their paths in a competitive market. While ASML's rapid increase suggests a bold approach, PTC's steady rise indicates a more conservative strategy. Missing data for 2024 suggests ongoing developments worth watching.