| __timestamp | Snap-on Incorporated | Thomson Reuters Corporation |
|---|---|---|
| Wednesday, January 1, 2014 | 1047900000 | 9209000000 |
| Thursday, January 1, 2015 | 1009100000 | 8810000000 |
| Friday, January 1, 2016 | 1001400000 | 8232000000 |
| Sunday, January 1, 2017 | 1101300000 | 8079000000 |
| Monday, January 1, 2018 | 1080700000 | 4131000000 |
| Tuesday, January 1, 2019 | 1071500000 | 4413000000 |
| Wednesday, January 1, 2020 | 1054800000 | 3999000000 |
| Friday, January 1, 2021 | 1202300000 | 1624000000 |
| Saturday, January 1, 2022 | 1181200000 | 1622000000 |
| Sunday, January 1, 2023 | 1249000000 | 64000000 |
| Monday, January 1, 2024 | 0 |
Unlocking the unknown
In the world of corporate finance, Selling, General, and Administrative (SG&A) expenses are a critical measure of operational efficiency. This analysis compares the SG&A expenses of Thomson Reuters Corporation and Snap-on Incorporated from 2014 to 2023.
Thomson Reuters, a global leader in information services, saw a dramatic decline in SG&A expenses, plummeting from a high of $9.2 billion in 2014 to a mere $64 million in 2023. This represents a staggering 99% reduction, reflecting strategic cost-cutting measures and possibly divestitures.
Conversely, Snap-on Incorporated, a manufacturer of high-end tools, maintained a relatively stable SG&A expense profile. Starting at approximately $1 billion in 2014, it saw a modest increase to $1.25 billion by 2023, indicating consistent operational strategies.
This comparison highlights the contrasting financial strategies of two industry giants over a decade.
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