Thomson Reuters Corporation vs Watsco, Inc.: SG&A Expense Trends

Diverging SG&A Trends: Thomson Reuters vs. Watsco

__timestampThomson Reuters CorporationWatsco, Inc.
Wednesday, January 1, 20149209000000650655000
Thursday, January 1, 20158810000000670609000
Friday, January 1, 20168232000000688952000
Sunday, January 1, 20178079000000715671000
Monday, January 1, 20184131000000757452000
Tuesday, January 1, 20194413000000800328000
Wednesday, January 1, 20203999000000833051000
Friday, January 1, 202116240000001058316000
Saturday, January 1, 202216220000001221382000
Sunday, January 1, 2023640000001185626000
Monday, January 1, 20241262938000
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Unlocking the unknown

SG&A Expense Trends: A Tale of Two Companies

A Decade of Financial Evolution

Over the past decade, the Selling, General, and Administrative (SG&A) expenses of Thomson Reuters Corporation and Watsco, Inc. have painted a vivid picture of contrasting financial strategies. From 2014 to 2023, Thomson Reuters saw a dramatic 99% reduction in SG&A expenses, plummeting from a peak in 2014 to a mere fraction by 2023. This sharp decline suggests a strategic shift towards leaner operations or possibly divestitures.

In contrast, Watsco, Inc. exhibited a steady upward trajectory, with SG&A expenses growing by approximately 82% over the same period. This increase reflects Watsco's expansion efforts and investment in operational capabilities. The divergence in these trends highlights the distinct paths these companies have taken in response to market demands and internal objectives. As we look to the future, these trends offer valuable insights into the evolving landscape of corporate financial management.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025