Selling, General, and Administrative Costs: Thomson Reuters Corporation vs AECOM

A Tale of Two Giants: SG&A Expenses Over Time

In the world of corporate finance, Selling, General, and Administrative (SG&A) expenses are a crucial indicator of a company's operational efficiency. This chart provides a fascinating comparison between Thomson Reuters Corporation and AECOM from 2014 to 2023. Over this period, Thomson Reuters consistently outspent AECOM, with its SG&A expenses peaking in 2014 at approximately $9.2 billion, a staggering 113 times more than AECOM's $81 million. However, by 2023, Thomson Reuters' expenses plummeted to just $64 million, marking a dramatic 99% decrease. Meanwhile, AECOM's expenses showed a steady upward trend, increasing by 98% from 2014 to 2023. This shift highlights a significant transformation in Thomson Reuters' cost management strategy, while AECOM's gradual increase suggests a stable growth trajectory. The data for 2024 remains incomplete, leaving room for speculation on future trends.