Breaking Down SG&A Expenses: ASML Holding N.V. vs Dell Technologies Inc.

A Comparative Analysis of SG&A Expenses: ASML Holding N.V. vs Dell Technologies Inc.

In the ever-evolving landscape of global technology, understanding the financial strategies of industry giants is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of ASML Holding N.V. and Dell Technologies Inc. from 2014 to 2023. Over this decade, ASML's SG&A expenses have shown a steady upward trajectory, increasing by approximately 250%, reflecting its strategic investments in growth and innovation. In contrast, Dell Technologies Inc. experienced a more fluctuating pattern, with a peak in 2019, where expenses surged by nearly 160% compared to 2014, before stabilizing in recent years. This divergence highlights ASML's consistent expansion strategy, while Dell's expenses align with its adaptive market strategies. Notably, the data for 2024 is incomplete, indicating potential shifts in financial strategies. This comparative insight offers a window into the operational priorities of these tech titans.