Breaking Down SG&A Expenses: Global Payments Inc. vs Stanley Black & Decker, Inc.

A Comparative Analysis of SG&A Expenses: Global Payments Inc. vs Stanley Black & Decker, 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, Global Payments Inc. and Stanley Black & Decker, Inc. have showcased distinct trajectories in their SG&A expenditures. From 2014 to 2023, Global Payments Inc. saw a staggering 214% increase in SG&A expenses, peaking in 2023. In contrast, Stanley Black & Decker, Inc. experienced a more modest 9% growth over the same period, with a notable dip in 2023. This divergence highlights the dynamic strategies employed by these industry giants. While Global Payments Inc. has aggressively expanded its operational footprint, Stanley Black & Decker, Inc. has maintained a steadier course. This analysis underscores the importance of strategic financial management in navigating the complexities of the modern business environment.