Who Optimizes SG&A Costs Better? Apple Inc. or FLEETCOR Technologies, Inc.

Optimizing SG&A: A Tale of Two Giants

In the competitive world of corporate finance, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Over the past decade, Apple Inc. and FLEETCOR Technologies, Inc. have showcased contrasting strategies in this domain.

Apple Inc.: A Steady Climb

From 2014 to 2023, Apple Inc. saw a consistent rise in SG&A expenses, peaking at approximately $26 billion in 2023. This represents a 117% increase from 2014, reflecting Apple's expansive growth and investment in its global operations.

FLEETCOR Technologies, Inc.: A Different Path

Conversely, FLEETCOR's SG&A expenses grew by 174% over the same period, reaching around $1 billion in 2023. Despite the smaller scale, this growth indicates a strategic focus on expanding its market presence.

Conclusion

While Apple's absolute numbers are larger, FLEETCOR's relative growth in SG&A expenses highlights its aggressive expansion strategy. Missing data for 2024 suggests ongoing developments in both companies' financial strategies.