Cisco Systems, Inc. vs FLEETCOR Technologies, Inc.: SG&A Expense Trends

SG&A Expense Trends: Cisco vs. FLEETCOR

In the ever-evolving landscape of corporate finance, understanding the trends in Selling, General, and Administrative (SG&A) expenses is crucial for investors and analysts alike. Over the past decade, Cisco Systems, Inc. has consistently outpaced FLEETCOR Technologies, Inc. in SG&A expenditures. From 2014 to 2023, Cisco's SG&A expenses have shown a steady increase, peaking at approximately $13.2 billion in 2024, marking a 15% rise from 2014. In contrast, FLEETCOR's expenses have grown more modestly, reaching around $1 billion in 2023, a significant increase from $378 million in 2014. This disparity highlights Cisco's expansive operational scale and strategic investments in administrative functions. However, the data for 2024 is incomplete for FLEETCOR, indicating potential shifts in their financial strategy. As businesses navigate the complexities of the modern economy, these trends offer valuable insights into their operational priorities and financial health.