Breaking Down SG&A Expenses: Equifax Inc. vs Global Payments Inc.

A Comparative Analysis of SG&A Expenses: Equifax Inc. vs Global Payments Inc.

In the ever-evolving financial landscape, understanding the nuances of Selling, General, and Administrative (SG&A) expenses is crucial for investors and analysts alike. Over the past decade, Equifax Inc. and Global Payments Inc. have demonstrated distinct trajectories in their SG&A expenditures. From 2014 to 2023, Global Payments Inc. has seen a staggering 214% increase in SG&A expenses, peaking at approximately $4.07 billion in 2023. In contrast, Equifax Inc. experienced a more modest growth of 84%, reaching around $1.39 billion in the same year. This divergence highlights Global Payments Inc.'s aggressive expansion and operational scaling, while Equifax Inc. maintains a steadier growth path. Such insights are invaluable for stakeholders aiming to gauge the financial health and strategic direction of these industry giants.