Breaking Down SG&A Expenses: Analog Devices, Inc. vs Garmin Ltd.

SG&A Expenses: Analog Devices vs Garmin - A Decade of Change

__timestampAnalog Devices, Inc.Garmin Ltd.
Wednesday, January 1, 2014454676000518665000
Thursday, January 1, 2015478972000562080000
Friday, January 1, 2016461438000587701000
Sunday, January 1, 2017691046000602670000
Monday, January 1, 2018695937000633571000
Tuesday, January 1, 2019648094000683024000
Wednesday, January 1, 2020659923000721411000
Friday, January 1, 2021915418000831815000
Saturday, January 1, 20221266175000944003000
Sunday, January 1, 202312735840001008099000
Monday, January 1, 202410686400001108960000
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Infusing magic into the data realm

A Comparative Analysis of SG&A Expenses: Analog Devices, Inc. vs Garmin Ltd.

In the ever-evolving landscape of technology, understanding the financial strategies of industry leaders is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two giants: Analog Devices, Inc. and Garmin Ltd., from 2014 to 2023. Over this decade, Analog Devices saw a remarkable 180% increase in SG&A expenses, peaking in 2023. Garmin, on the other hand, experienced a steady rise, with a 94% increase, reaching its highest in 2023. Notably, 2021 marked a significant year for both companies, with Analog Devices surpassing Garmin for the first time. This shift highlights Analog Devices' aggressive expansion and investment strategies. However, data for 2024 is incomplete, leaving room for speculation on future trends. This financial journey underscores the dynamic nature of corporate strategies in the tech industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025