Who Optimizes SG&A Costs Better? ServiceNow, Inc. or Accenture plc

Accenture vs. ServiceNow: SG&A Cost Management Showdown

__timestampAccenture plcServiceNow, Inc.
Wednesday, January 1, 20145401969000437364000
Thursday, January 1, 20155373370000625043000
Friday, January 1, 20165466982000859400000
Sunday, January 1, 201763978830001157150000
Monday, January 1, 201866018720001499083000
Tuesday, January 1, 201970096140001873300000
Wednesday, January 1, 202074625140002309181000
Friday, January 1, 202187425990002889000000
Saturday, January 1, 2022103343580003549000000
Sunday, January 1, 2023108585720004164000000
Monday, January 1, 2024111280300004790000000
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Unlocking the unknown

Optimizing SG&A Costs: A Tale of Two Giants

In the competitive world of business, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Over the past decade, Accenture plc and ServiceNow, Inc. have demonstrated contrasting strategies in optimizing these costs. From 2014 to 2024, Accenture's SG&A expenses have grown by approximately 106%, reflecting its expansive global operations. In contrast, ServiceNow, a rapidly growing tech company, has seen a staggering 994% increase in SG&A expenses, indicative of its aggressive market expansion.

Accenture's steady increase in SG&A costs, from $5.4 billion in 2014 to $11.1 billion in 2024, highlights its focus on maintaining a robust global presence. Meanwhile, ServiceNow's rise from $437 million to $4.79 billion in the same period underscores its commitment to scaling operations and capturing market share. This comparison offers a fascinating insight into how two industry leaders navigate the complexities of cost management in their respective sectors.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025