Breaking Down SG&A Expenses: International Business Machines Corporation vs Corpay, Inc.

IBM vs. Corpay: A Decade of SG&A Expense Trends

__timestampCorpay, Inc.International Business Machines Corporation
Wednesday, January 1, 201428149000022472000000
Thursday, January 1, 201540679000019894000000
Friday, January 1, 201645095300020279000000
Sunday, January 1, 201760326800019680000000
Monday, January 1, 201863114200019366000000
Tuesday, January 1, 201968351100018724000000
Wednesday, January 1, 202056741000020561000000
Friday, January 1, 202174794800018745000000
Saturday, January 1, 202289321700017483000000
Sunday, January 1, 202394358100017997000000
Monday, January 1, 202499778000029536000000
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Unveiling the hidden dimensions of data

A Comparative Analysis of SG&A Expenses: IBM vs. Corpay

In the ever-evolving landscape of corporate finance, understanding the nuances of Selling, General, and Administrative (SG&A) expenses is crucial. This analysis delves into the SG&A expenses of two industry giants: International Business Machines Corporation (IBM) and Corpay, Inc., from 2014 to 2023.

IBM, a stalwart in the tech industry, consistently reported SG&A expenses averaging around $20 billion annually, with a notable peak in 2024. In contrast, Corpay, a leader in financial technology, exhibited a steady growth in SG&A expenses, starting at approximately $281 million in 2014 and reaching nearly $944 million by 2023. This represents a staggering 235% increase over the decade.

The data highlights IBM's significant investment in administrative functions, while Corpay's rapid growth reflects its expanding market presence. Missing data for Corpay in 2024 suggests a potential shift or anomaly worth further exploration.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025