SG&A Efficiency Analysis: Comparing Taiwan Semiconductor Manufacturing Company Limited and Tyler Technologies, Inc.

SG&A Efficiency: TSMC vs. Tyler Technologies

__timestampTaiwan Semiconductor Manufacturing Company LimitedTyler Technologies, Inc.
Wednesday, January 1, 201424020800000108260000
Thursday, January 1, 201522921900000133317000
Friday, January 1, 201625696400000167161000
Sunday, January 1, 201727169200000176974000
Monday, January 1, 201826253700000207605000
Tuesday, January 1, 201928085800000257746000
Wednesday, January 1, 202035570400000259561000
Friday, January 1, 202144488200000390579000
Saturday, January 1, 202263445300000403067000
Sunday, January 1, 202371464000000458345000
Monday, January 1, 202496889000000458669000
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Unleashing the power of data

SG&A Efficiency: A Tale of Two Companies

In the ever-evolving landscape of global technology, understanding the efficiency of Selling, General, and Administrative (SG&A) expenses is crucial. Taiwan Semiconductor Manufacturing Company Limited (TSMC) and Tyler Technologies, Inc. offer a fascinating comparison. Over the past decade, TSMC's SG&A expenses have surged by approximately 300%, reflecting its aggressive expansion and market dominance. In contrast, Tyler Technologies has seen a more modest increase of around 320%, indicative of its steady growth in the software sector.

A Decade of Growth

From 2014 to 2023, TSMC's SG&A expenses grew from $24 billion to an impressive $71 billion, showcasing its strategic investments in innovation and infrastructure. Meanwhile, Tyler Technologies' expenses rose from $108 million to $458 million, highlighting its focus on expanding its footprint in the public sector software market. Notably, data for 2024 is incomplete, suggesting a need for cautious interpretation of future trends.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025