SG&A Efficiency Analysis: Comparing Intel Corporation and Corning Incorporated

SG&A Efficiency: A Tale of Two Giants

In the ever-evolving landscape of technology and manufacturing, understanding a company's operational efficiency is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Intel Corporation and Corning Incorporated from 2014 to 2023. Over this decade, Intel's SG&A expenses have shown a notable decline, dropping from a peak in 2016 to a low in 2023, reflecting a strategic shift towards leaner operations. In contrast, Corning's expenses have steadily increased, peaking in 2024, indicating a potential investment in growth and innovation.

Intel's expenses decreased by approximately 31% from 2014 to 2023, while Corning's rose by about 60% in the same period. This divergence highlights differing strategic priorities: Intel's focus on cost efficiency versus Corning's emphasis on expansion. Missing data for Intel in 2024 suggests ongoing adjustments. These insights offer a window into the strategic maneuvers of these industry leaders.