Selling, General, and Administrative Costs: Accenture plc vs Corning Incorporated

A Tale of Two Giants: Accenture vs. Corning

In the ever-evolving landscape of corporate finance, understanding the dynamics of Selling, General, and Administrative (SG&A) expenses is crucial. Over the past decade, Accenture plc and Corning Incorporated have showcased contrasting trajectories in their SG&A expenditures. From 2014 to 2024, Accenture's SG&A costs have surged by approximately 106%, reflecting its aggressive expansion and strategic investments. In contrast, Corning's expenses have grown by a modest 60%, indicating a more conservative approach.

Key Insights

• Accenture's Growth: By 2024, Accenture's SG&A expenses are projected to reach over $11 billion, a testament to its robust growth strategy.
• Corning's Stability: Corning's expenses, while increasing, remain under $2 billion, highlighting its focus on operational efficiency.

This comparison not only underscores the differing strategies of these industry leaders but also provides a window into their future trajectories.