__timestamp | Booz Allen Hamilton Holding Corporation | Thomson Reuters Corporation |
---|---|---|
Wednesday, January 1, 2014 | 2229642000 | 9209000000 |
Thursday, January 1, 2015 | 2159439000 | 8810000000 |
Friday, January 1, 2016 | 2319592000 | 8232000000 |
Sunday, January 1, 2017 | 2568511000 | 8079000000 |
Monday, January 1, 2018 | 2719909000 | 4131000000 |
Tuesday, January 1, 2019 | 2932602000 | 4413000000 |
Wednesday, January 1, 2020 | 3334378000 | 3999000000 |
Friday, January 1, 2021 | 3362722000 | 1624000000 |
Saturday, January 1, 2022 | 3633150000 | 1622000000 |
Sunday, January 1, 2023 | 4341769000 | 64000000 |
Monday, January 1, 2024 | 1281443000 |
Unleashing the power of data
In the competitive landscape of corporate finance, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. This analysis compares the SG&A cost optimization strategies of Thomson Reuters Corporation and Booz Allen Hamilton Holding Corporation from 2014 to 2023.
Over the past decade, Booz Allen Hamilton has shown a steady increase in SG&A expenses, peaking at approximately 4.3 billion in 2023, a 95% increase from 2014. In contrast, Thomson Reuters experienced a dramatic reduction, with expenses plummeting from 9.2 billion in 2014 to a mere 64 million in 2023, marking a 99% decrease. This stark contrast highlights Thomson Reuters' aggressive cost-cutting measures.
While Booz Allen Hamilton's data for 2024 shows a significant drop, Thomson Reuters' data is missing, leaving room for speculation on future strategies. This analysis underscores the importance of strategic financial management in maintaining competitive advantage.
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