| __timestamp | Jacobs Engineering Group Inc. | Thomson Reuters Corporation |
|---|---|---|
| Wednesday, January 1, 2014 | 1545716000 | 9209000000 |
| Thursday, January 1, 2015 | 1522811000 | 8810000000 |
| Friday, January 1, 2016 | 1429233000 | 8232000000 |
| Sunday, January 1, 2017 | 1379983000 | 8079000000 |
| Monday, January 1, 2018 | 2180399000 | 4131000000 |
| Tuesday, January 1, 2019 | 2072177000 | 4413000000 |
| Wednesday, January 1, 2020 | 2050695000 | 3999000000 |
| Friday, January 1, 2021 | 2355683000 | 1624000000 |
| Saturday, January 1, 2022 | 2409190000 | 1622000000 |
| Sunday, January 1, 2023 | 2398078000 | 64000000 |
| Monday, January 1, 2024 | 2140320000 |
Unlocking the unknown
In the competitive world of corporate finance, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Over the past decade, Thomson Reuters Corporation and Jacobs Engineering Group Inc. have showcased contrasting strategies in this domain. From 2014 to 2023, Thomson Reuters saw a dramatic reduction in SG&A expenses, plummeting from over $9 billion to a mere $64 million by 2023. This represents a staggering 99% decrease, highlighting their aggressive cost-cutting measures. In contrast, Jacobs Engineering's SG&A expenses have been more stable, with a modest increase of around 55% from 2014 to 2023, peaking at approximately $2.4 billion. This stability suggests a more consistent approach to managing operational costs. However, the absence of data for Thomson Reuters in 2024 leaves room for speculation on their future strategy. As these industry leaders continue to evolve, their financial maneuvers offer valuable insights into effective cost management.
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