Comparing SG&A Expenses: Fiserv, Inc. vs HP Inc. Trends and Insights

SG&A Expenses: A Tale of Two Giants

In the ever-evolving landscape of corporate finance, Selling, General, and Administrative (SG&A) expenses serve as a critical indicator of a company's operational efficiency. Over the past decade, Fiserv, Inc. and HP Inc. have showcased contrasting trends in their SG&A expenditures.

Fiserv, Inc.: A Steady Climb

From 2014 to 2023, Fiserv's SG&A expenses have surged by approximately 575%, reflecting strategic investments and expansion efforts. Notably, the expenses jumped from around $1 billion in 2014 to over $6.5 billion in 2023, indicating a robust growth trajectory.

HP Inc.: A Rollercoaster Ride

Conversely, HP Inc. experienced a more volatile pattern. Starting at a peak in 2014, their SG&A expenses saw a significant dip, only to stabilize around $5.3 billion in recent years. This fluctuation highlights HP's adaptive strategies in a competitive tech market.

The data reveals intriguing insights into how these industry leaders manage their operational costs amidst changing market dynamics.