SG&A Efficiency Analysis: Comparing Accenture plc and Teledyne Technologies Incorporated

SG&A Efficiency: A Tale of Two Companies

In the competitive landscape of corporate America, understanding the efficiency of Selling, General, and Administrative (SG&A) expenses is crucial. Accenture plc and Teledyne Technologies Incorporated, two giants in their respective fields, offer a fascinating study in contrasts. Over the past decade, Accenture has seen its SG&A expenses grow by approximately 106%, from $5.4 billion in 2014 to an impressive $11.1 billion in 2024. This growth reflects its expansive global operations and strategic investments. Meanwhile, Teledyne's SG&A expenses have increased by about 97%, from $612 million in 2014 to $1.2 billion in 2023, showcasing its steady yet robust growth trajectory. Notably, data for Teledyne in 2024 is missing, highlighting potential gaps in reporting or strategic shifts. This analysis underscores the importance of SG&A efficiency in driving corporate success and shareholder value.