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

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

In the world of corporate finance, Selling, General, and Administrative (SG&A) expenses are a critical measure of a company's operational efficiency. This chart provides a fascinating comparison between Thomson Reuters Corporation and HEICO Corporation from 2014 to 2023. Over this period, Thomson Reuters consistently reported higher SG&A expenses, peaking in 2014 with nearly $9.2 billion, while HEICO's expenses were significantly lower, starting at approximately $195 million in the same year.

Interestingly, by 2023, HEICO's SG&A expenses surged by over 250%, reaching around $517 million, whereas Thomson Reuters saw a dramatic decline of over 99%, dropping to just $64 million. This stark contrast highlights the divergent financial strategies and operational scales of these two companies. The data also reveals missing values for Thomson Reuters in 2024, suggesting a potential shift or restructuring in their financial reporting.