Who Optimizes SG&A Costs Better? Accenture plc or Texas Instruments Incorporated

Optimizing SG&A: A Tale of Two Giants

In the competitive landscape of global business, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Accenture plc and Texas Instruments Incorporated, two industry leaders, have shown contrasting strategies over the past decade. From 2014 to 2024, Accenture's SG&A expenses have surged by approximately 106%, reflecting its expansive growth strategy. In contrast, Texas Instruments has maintained a more stable approach, with only a 3% increase in the same period. This stark difference highlights Accenture's aggressive investment in scaling operations, while Texas Instruments focuses on efficiency and cost control. As of 2024, Accenture's SG&A expenses are nearly six times higher than those of Texas Instruments, underscoring their divergent paths. This analysis provides a fascinating insight into how two successful companies navigate the complexities of cost management in a dynamic market.