SG&A Expense Trends: Salesforce, Inc. vs CDW Corporation

In the ever-evolving landscape of corporate finance, understanding the trends in Selling, General, and Administrative (SG&A) expenses is crucial for investors and analysts alike. Over the past decade, Salesforce, Inc. and CDW Corporation have demonstrated contrasting trajectories in their SG&A expenditures.

Since 2014, Salesforce has seen a staggering 480% increase in SG&A expenses, reflecting its aggressive growth strategy and expansion efforts. By 2023, Salesforce's SG&A expenses reached approximately $16 billion, underscoring its commitment to scaling operations and enhancing market presence. In contrast, CDW Corporation's SG&A expenses grew by about 138% over the same period, reaching nearly $3 billion in 2023. This steady growth aligns with CDW's focus on maintaining operational efficiency while expanding its service offerings.

Interestingly, the data for 2024 shows a gap for CDW, indicating potential shifts or strategic changes. As these companies continue to evolve, monitoring their SG&A trends will provide valuable insights into their financial health and strategic priorities.