Who Optimizes SG&A Costs Better? Thomson Reuters Corporation or Verisk Analytics, Inc.

SG&A Cost Optimization: Thomson Reuters vs. Verisk Analytics

__timestampThomson Reuters CorporationVerisk Analytics, Inc.
Wednesday, January 1, 20149209000000227306000
Thursday, January 1, 20158810000000312690000
Friday, January 1, 20168232000000301600000
Sunday, January 1, 20178079000000322800000
Monday, January 1, 20184131000000378700000
Tuesday, January 1, 20194413000000603500000
Wednesday, January 1, 20203999000000413900000
Friday, January 1, 20211624000000422700000
Saturday, January 1, 20221622000000381500000
Sunday, January 1, 202364000000389300000
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Infusing magic into the data realm

Optimizing SG&A Costs: A Tale of Two Giants

In the competitive landscape of financial analytics, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Over the past decade, Thomson Reuters Corporation and Verisk Analytics, 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 just $64 million, marking a staggering 99% decrease. This strategic cost-cutting reflects a focused effort to streamline operations and enhance efficiency. In contrast, Verisk Analytics maintained a more stable SG&A expenditure, fluctuating modestly around $380 million, with a peak of $603 million in 2019. This stability suggests a consistent investment in operational infrastructure, potentially supporting sustained growth. As these industry leaders navigate the evolving market, their distinct approaches to SG&A optimization offer valuable insights into corporate financial strategy.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025