SAP SE vs TE Connectivity Ltd.: SG&A Expense Trends

SAP SE vs TE Connectivity Ltd.: A Decade of SG&A Expense Trends

In the ever-evolving landscape of global business, understanding the financial strategies of industry giants is crucial. Over the past decade, SAP SE and TE Connectivity Ltd. have showcased distinct trends in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, SAP SE's SG&A expenses have seen a significant increase, peaking in 2022 with a 112% rise from 2014. This reflects SAP's aggressive investment in administrative capabilities and market expansion. In contrast, TE Connectivity Ltd. maintained a more stable trajectory, with expenses fluctuating modestly around the $1.5 billion mark, indicating a consistent operational strategy. Notably, 2024 data for SAP SE is missing, suggesting a potential shift or reevaluation in their financial reporting. These insights offer a window into the strategic priorities of these two tech titans, highlighting their differing approaches to growth and stability.