Breaking Down SG&A Expenses: Fiserv, Inc. vs Jabil Inc.

A Comparative Analysis of SG&A Expenses: Fiserv, Inc. vs. Jabil Inc.

In the ever-evolving landscape of corporate finance, understanding the nuances of Selling, General, and Administrative (SG&A) expenses is crucial. Over the past decade, Fiserv, Inc. and Jabil Inc. have showcased contrasting trajectories in their SG&A expenditures. From 2014 to 2023, Fiserv's SG&A expenses surged by over 570%, peaking at approximately $6.6 billion in 2023. This dramatic increase reflects Fiserv's aggressive expansion and strategic investments. In contrast, Jabil Inc. maintained a more stable SG&A profile, with a modest 78% increase over the same period, reaching around $1.2 billion in 2023. This stability underscores Jabil's focus on operational efficiency. Notably, the data for 2024 is incomplete, highlighting the dynamic nature of financial reporting. As businesses navigate the complexities of the modern economy, these insights into SG&A trends offer valuable lessons in strategic financial management.