Texas Instruments Incorporated or Cognizant Technology Solutions Corporation: Who Manages SG&A Costs Better?

Texas Instruments vs. Cognizant: SG&A Cost Management Showdown

__timestampCognizant Technology Solutions CorporationTexas Instruments Incorporated
Wednesday, January 1, 201420370210001843000000
Thursday, January 1, 201525086000001748000000
Friday, January 1, 201627310000001767000000
Sunday, January 1, 201727690000001694000000
Monday, January 1, 201830260000001684000000
Tuesday, January 1, 201929720000001645000000
Wednesday, January 1, 202031000000001623000000
Friday, January 1, 202135030000001666000000
Saturday, January 1, 202234430000001704000000
Sunday, January 1, 202332520000001825000000
Monday, January 1, 202432230000001794000000
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Unlocking the unknown

Who Manages SG&A Costs Better: Texas Instruments or Cognizant?

In the competitive landscape of technology giants, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, Texas Instruments Incorporated (TXN) and Cognizant Technology Solutions Corporation (CTSH) have demonstrated contrasting approaches to SG&A management. From 2014 to 2023, Cognizant's SG&A expenses have seen a steady increase, peaking at approximately $3.5 billion in 2021, before slightly declining to $3.25 billion in 2023. In contrast, Texas Instruments has maintained a more consistent control over its SG&A costs, with expenses fluctuating around $1.7 billion, showing a modest increase to $1.83 billion in 2023. This suggests that Texas Instruments has been more effective in managing its SG&A costs, maintaining a lower and more stable expense ratio compared to Cognizant. However, the absence of data for Cognizant in 2024 leaves room for speculation on future trends.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025