A Comparative Analysis of SG&A Expenses: Accenture vs. Ericsson

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 Accenture plc and Telefonaktiebolaget LM Ericsson (publ) from 2014 to 2023. Over this decade, Accenture's SG&A expenses have shown a steady upward trend, increasing by approximately 106%, from $5.4 billion in 2014 to $11.1 billion in 2023. In contrast, Ericsson's expenses have fluctuated, peaking at $37.7 billion in 2023, a 39% increase from 2014. This disparity highlights differing strategic priorities: Accenture's consistent growth suggests a focus on expanding operational capabilities, while Ericsson's variable expenses may reflect adaptive strategies in response to market dynamics. Notably, data for 2024 is incomplete, indicating potential shifts in future financial strategies.