SAP SE vs Amphenol Corporation: SG&A Expense Trends

SG&A Expense Trends: SAP SE vs. Amphenol Corporation

In the ever-evolving landscape of global business, understanding the financial strategies of industry giants is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of SAP SE and Amphenol Corporation from 2014 to 2023. Over this period, SAP SE consistently outpaced Amphenol in SG&A spending, reflecting its expansive global operations and strategic investments. Notably, SAP SE's expenses peaked in 2022, reaching approximately 11 billion, marking a 112% increase from 2014. In contrast, Amphenol's SG&A expenses grew by 188% over the same period, highlighting its aggressive growth strategy. However, data for SAP SE in 2024 is missing, leaving room for speculation on its future financial maneuvers. This comparative analysis offers a window into the financial priorities and growth trajectories of these two industry leaders.