Who Optimizes SG&A Costs Better? Verisk Analytics, Inc. or Elbit Systems Ltd.

SG&A Cost Optimization: Elbit vs. Verisk

__timestampElbit Systems Ltd.Verisk Analytics, Inc.
Wednesday, January 1, 2014356171000227306000
Thursday, January 1, 2015385059000312690000
Friday, January 1, 2016422390000301600000
Sunday, January 1, 2017413560000322800000
Monday, January 1, 2018441362000378700000
Tuesday, January 1, 2019516149000603500000
Wednesday, January 1, 2020514638000413900000
Friday, January 1, 2021559113000422700000
Saturday, January 1, 2022639067000381500000
Sunday, January 1, 2023696022000389300000
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In pursuit of knowledge

Optimizing SG&A Costs: A Tale of Two Companies

In the competitive world of business, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. From 2014 to 2023, Verisk Analytics, Inc. and Elbit Systems Ltd. have shown distinct strategies in optimizing these costs. Elbit Systems Ltd. has seen a steady increase in SG&A expenses, peaking at approximately 696 million in 2023, a 95% rise from 2014. In contrast, Verisk Analytics, Inc. experienced fluctuations, with a notable peak in 2019, followed by a decline to around 389 million in 2023. This represents a 71% increase from 2014, but a 36% decrease from their 2019 peak. These trends highlight Elbit's consistent growth strategy, while Verisk's approach suggests a focus on cost-cutting post-2019. Understanding these dynamics offers valuable insights into corporate financial strategies over the past decade.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025