Operational Costs Compared: SG&A Analysis of Thomson Reuters Corporation and L3Harris Technologies, Inc.

SG&A Trends: Thomson Reuters vs. L3Harris

__timestampL3Harris Technologies, Inc.Thomson Reuters Corporation
Wednesday, January 1, 20148830000009209000000
Thursday, January 1, 201511050000008810000000
Friday, January 1, 201611500000008232000000
Sunday, January 1, 201711820000008079000000
Monday, January 1, 201812420000004131000000
Tuesday, January 1, 201921560000004413000000
Wednesday, January 1, 202033150000003999000000
Friday, January 1, 202132800000001624000000
Saturday, January 1, 202229980000001622000000
Sunday, January 1, 2023192100000064000000
Monday, January 1, 20243568000000
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Unlocking the unknown

A Decade of SG&A: Thomson Reuters vs. L3Harris Technologies

In the ever-evolving landscape of corporate finance, understanding operational costs is crucial. Over the past decade, the Selling, General, and Administrative (SG&A) expenses of Thomson Reuters Corporation and L3Harris Technologies, Inc. have shown intriguing trends. From 2014 to 2023, Thomson Reuters experienced a significant decline in SG&A expenses, dropping from a peak of over $9 billion in 2014 to a mere $64 million in 2023. This represents a staggering 99% reduction, reflecting strategic cost management and possibly divestitures.

Conversely, L3Harris Technologies saw a more than threefold increase in their SG&A expenses, peaking at approximately $3.3 billion in 2020. This growth could indicate expansion efforts or increased operational complexity. The contrasting trajectories of these two companies highlight diverse strategic approaches in managing operational costs, offering valuable insights for investors and analysts alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025