3M Company vs TransUnion: SG&A Expense Trends

SG&A Expense Trends: 3M Company vs TransUnion

In the ever-evolving landscape of corporate finance, understanding the trends in Selling, General, and Administrative (SG&A) expenses is crucial for investors and analysts alike. Over the past decade, 3M Company and TransUnion have showcased distinct trajectories in their SG&A expenditures. From 2014 to 2023, 3M's SG&A expenses have seen a significant increase, peaking in 2023 with a staggering 166% rise compared to 2014. This surge reflects strategic investments and possibly increased operational costs. In contrast, TransUnion's SG&A expenses have grown more modestly, with a 169% increase over the same period, indicating a steady expansion strategy. Notably, 2024 data for TransUnion is missing, leaving room for speculation on future trends. These insights provide a window into the financial strategies of these industry giants, offering valuable lessons in corporate management and growth.