Who Optimizes SG&A Costs Better? SAP SE or Corning Incorporated

Optimizing SG&A Costs: A Comparative Analysis

In the competitive landscape of global business, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. This analysis delves into the SG&A cost optimization strategies of two industry giants: SAP SE and Corning Incorporated, from 2014 to 2023.

SAP SE: A Steady Climb

SAP SE, a leader in enterprise software, has seen its SG&A expenses rise steadily, peaking in 2022 with a 112% increase from 2014. This growth reflects SAP's strategic investments in expanding its global footprint and enhancing its product offerings.

Corning Incorporated: Consistent Control

Corning Incorporated, renowned for its innovations in materials science, has maintained a more consistent SG&A expense trajectory. From 2014 to 2023, Corning's expenses increased by approximately 60%, showcasing its disciplined approach to cost management.

Conclusion

While SAP SE's expenses reflect aggressive growth strategies, Corning's stable increase suggests a focus on efficiency. Missing data for 2024 indicates ongoing adjustments in their strategies.