Cadence Design Systems, Inc. or Corpay, Inc.: Who Manages SG&A Costs Better?

SG&A Cost Management: Cadence vs. Corpay

__timestampCadence Design Systems, Inc.Corpay, Inc.
Wednesday, January 1, 2014513307000281490000
Thursday, January 1, 2015512414000406790000
Friday, January 1, 2016520300000450953000
Sunday, January 1, 2017553342000603268000
Monday, January 1, 2018573075000631142000
Tuesday, January 1, 2019621479000683511000
Wednesday, January 1, 2020670885000567410000
Friday, January 1, 2021749280000747948000
Saturday, January 1, 2022846340000893217000
Sunday, January 1, 2023920649000943581000
Monday, January 1, 20241039766000997780000
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Igniting the spark of knowledge

Managing SG&A Costs: Cadence Design Systems vs. Corpay

In the competitive landscape of technology and financial services, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, Cadence Design Systems and Corpay have shown distinct strategies in handling these costs. From 2014 to 2023, Cadence Design Systems saw a steady increase in SG&A expenses, peaking at approximately 920 million in 2023. This represents a 79% increase from their 2014 levels. Meanwhile, Corpay's SG&A expenses surged by 235% over the same period, reaching around 944 million in 2023. Despite Corpay's higher growth rate, Cadence's more consistent expense management may indicate a strategic advantage. As businesses navigate economic uncertainties, understanding these trends offers valuable insights into corporate financial health and strategic planning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025