Breaking Down SG&A Expenses: Analog Devices, Inc. vs II-VI Incorporated

A Comparative Analysis of SG&A Expenses: Analog Devices, Inc. vs II-VI Incorporated

In the ever-evolving landscape of the semiconductor industry, understanding the financial dynamics of key players is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two prominent companies: Analog Devices, Inc. and II-VI Incorporated, from 2014 to 2023.

Analog Devices, Inc. has shown a consistent upward trend in SG&A expenses, peaking in 2023 with a 180% increase from 2014. This growth reflects strategic investments in marketing and administrative capabilities. In contrast, II-VI Incorporated experienced a more volatile trajectory, with a significant surge in 2023, marking a 650% increase from 2014. This spike could indicate aggressive expansion or restructuring efforts.

While Analog Devices maintains a steady approach, II-VI's fluctuating expenses suggest a dynamic strategy. Missing data for 2024 hints at potential shifts in II-VI's financial reporting or strategy.