SAP SE or Jabil Inc.: Who Manages SG&A Costs Better?

SAP SE vs. Jabil Inc.: A Decade of SG&A Management

In the ever-evolving landscape of global business, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, SAP SE and Jabil Inc. have demonstrated contrasting approaches to SG&A cost management. From 2014 to 2023, SAP SE's SG&A expenses have consistently been higher, peaking at approximately $11 billion in 2022. In contrast, Jabil Inc. has maintained a more modest SG&A expenditure, with a peak of around $1.2 billion in 2021. This disparity highlights SAP SE's expansive operational scale compared to Jabil Inc.'s more streamlined approach. Notably, SAP SE's expenses surged by nearly 90% from 2014 to 2022, while Jabil Inc. saw a 78% increase over the same period. As businesses navigate economic uncertainties, these insights into SG&A management offer valuable lessons in balancing growth and efficiency.