| __timestamp | IDEX Corporation | Thomson Reuters Corporation |
|---|---|---|
| Wednesday, January 1, 2014 | 504419000 | 9209000000 |
| Thursday, January 1, 2015 | 479408000 | 8810000000 |
| Friday, January 1, 2016 | 498994000 | 8232000000 |
| Sunday, January 1, 2017 | 524940000 | 8079000000 |
| Monday, January 1, 2018 | 536724000 | 4131000000 |
| Tuesday, January 1, 2019 | 524987000 | 4413000000 |
| Wednesday, January 1, 2020 | 494935000 | 3999000000 |
| Friday, January 1, 2021 | 578200000 | 1624000000 |
| Saturday, January 1, 2022 | 652700000 | 1622000000 |
| Sunday, January 1, 2023 | 703500000 | 64000000 |
| Monday, January 1, 2024 | 758700000 |
Infusing magic into the data realm
In the competitive world of corporate finance, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Over the past decade, IDEX Corporation and Thomson Reuters Corporation have showcased contrasting strategies in this domain. From 2014 to 2023, IDEX Corporation consistently maintained a steady increase in SG&A expenses, peaking at approximately $703 million in 2023, reflecting a 39% rise from 2014. In contrast, Thomson Reuters Corporation saw a dramatic reduction, slashing their SG&A costs by over 99% from 2014 to 2023, ending at just $64 million. This stark difference highlights IDEX's gradual scaling approach versus Thomson Reuters' aggressive cost-cutting strategy. Such insights are invaluable for investors and analysts seeking to understand corporate efficiency and strategic financial management. As the business landscape evolves, these companies' approaches offer a fascinating study in balancing growth with cost control.
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