Operational Costs Compared: SG&A Analysis of Deere & Company and Global Payments Inc.

A Comparative Analysis of SG&A Expenses: Deere & Company vs. Global Payments Inc.

In the ever-evolving landscape of corporate finance, understanding operational costs is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two industry giants: Deere & Company and Global Payments Inc., from 2014 to 2023. Over this decade, Deere & Company consistently maintained higher SG&A expenses, peaking in 2024 with a 37% increase from 2014. In contrast, Global Payments Inc. exhibited a remarkable growth trajectory, with SG&A expenses surging by over 215% from 2014 to 2023. Notably, 2023 marked a pivotal year where Global Payments Inc. surpassed Deere & Company in SG&A expenses, highlighting its aggressive expansion strategy. This trend underscores the dynamic shifts in operational strategies and market positioning, offering valuable insights for investors and industry analysts alike.