SG&A Cost Management: Analog Devices vs. Ericsson

In the competitive landscape of technology giants, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, Analog Devices, Inc. and Telefonaktiebolaget LM Ericsson have showcased contrasting strategies in this domain.

A Decade of Financial Insights

From 2014 to 2023, Analog Devices demonstrated a steady increase in SG&A expenses, peaking at approximately $1.27 billion in 2023. This represents a growth of nearly 180% from 2014. In contrast, Ericsson's SG&A costs have fluctuated, with a notable peak in 2023 at around $37.7 billion, marking a 39% increase from 2014.

Strategic Implications

While Analog Devices shows a consistent upward trend, Ericsson's expenses reveal volatility, possibly indicating strategic shifts or market challenges. Missing data for 2024 suggests ongoing adjustments. Understanding these trends offers valuable insights into each company's operational efficiency and strategic priorities.