SG&A Efficiency Analysis: Comparing Thomson Reuters Corporation and Johnson Controls International plc

SG&A Efficiency: A Decade of Strategic Shifts

__timestampJohnson Controls International plcThomson Reuters Corporation
Wednesday, January 1, 201443080000009209000000
Thursday, January 1, 201539860000008810000000
Friday, January 1, 201641900000008232000000
Sunday, January 1, 201761580000008079000000
Monday, January 1, 201860100000004131000000
Tuesday, January 1, 201962440000004413000000
Wednesday, January 1, 202056650000003999000000
Friday, January 1, 202152580000001624000000
Saturday, January 1, 202259450000001622000000
Sunday, January 1, 2023618100000064000000
Monday, January 1, 20245661000000
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Unveiling the hidden dimensions of data

SG&A Efficiency: A Tale of Two Giants

In the ever-evolving landscape of corporate finance, the efficiency of Selling, General, and Administrative (SG&A) expenses is a critical metric for assessing a company's operational prowess. Over the past decade, Johnson Controls International plc and Thomson Reuters Corporation have showcased contrasting trajectories in their SG&A expenditures.

From 2014 to 2023, Johnson Controls demonstrated a steady increase in SG&A efficiency, with expenses peaking in 2019 at approximately $6.2 billion before stabilizing around $5.7 billion in 2024. This reflects a strategic focus on cost management, crucial for maintaining competitive advantage.

Conversely, Thomson Reuters experienced a dramatic decline, with SG&A expenses plummeting from $9.2 billion in 2014 to a mere $64 million in 2023. This sharp reduction suggests significant restructuring or divestitures, highlighting a transformative phase in the company's history.

These trends underscore the dynamic nature of corporate strategies in response to market demands and internal objectives.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025