Selling, General, and Administrative Costs: Accenture plc vs HP Inc.

A Comparative Analysis of SG&A Expenses: Accenture plc vs HP Inc.

In the ever-evolving landscape of corporate finance, understanding the nuances of Selling, General, and Administrative (SG&A) expenses is crucial. Over the past decade, Accenture plc and HP Inc. 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 strategic investments in global operations and innovation. In contrast, HP Inc. has experienced a more modest increase of around 47%, indicative of its focus on operational efficiency and cost management.

Key Insights

• Accenture's Growth: By 2024, Accenture's SG&A expenses are projected to reach over $11 billion, a testament to its expansive growth strategy.
• HP's Stability: Despite fluctuations, HP's expenses have stabilized around $5.7 billion, highlighting its commitment to maintaining a lean operational model.

This analysis underscores the diverse strategies employed by these industry giants in navigating the complexities of the global market.