Who Optimizes SG&A Costs Better? Thomson Reuters Corporation or Booz Allen Hamilton Holding Corporation

SG&A Cost Optimization: Thomson Reuters vs. Booz Allen Hamilton

__timestampBooz Allen Hamilton Holding CorporationThomson Reuters Corporation
Wednesday, January 1, 201422296420009209000000
Thursday, January 1, 201521594390008810000000
Friday, January 1, 201623195920008232000000
Sunday, January 1, 201725685110008079000000
Monday, January 1, 201827199090004131000000
Tuesday, January 1, 201929326020004413000000
Wednesday, January 1, 202033343780003999000000
Friday, January 1, 202133627220001624000000
Saturday, January 1, 202236331500001622000000
Sunday, January 1, 2023434176900064000000
Monday, January 1, 20241281443000
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Unleashing the power of data

Optimizing SG&A Costs: A Tale of Two Corporations

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.

A Decade of Financial Strategy

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.

Missing Data and Future Trends

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.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025