Comparing SG&A Expenses: Global Payments Inc. vs Avery Dennison Corporation Trends and Insights

SG&A Expenses: A Tale of Two Companies

In the ever-evolving landscape of corporate finance, understanding the trends in Selling, General, and Administrative (SG&A) expenses is crucial. Over the past decade, Global Payments Inc. and Avery Dennison Corporation have showcased contrasting trajectories in their SG&A expenditures.

A Decade of Divergence

From 2014 to 2023, Global Payments Inc. has seen a staggering 214% increase in SG&A expenses, peaking at approximately $4.07 billion in 2023. This growth reflects the company's aggressive expansion and investment strategies. In contrast, Avery Dennison Corporation's SG&A expenses have remained relatively stable, with a modest 2% increase over the same period, reaching around $1.18 billion in 2023.

Insights and Implications

These trends highlight differing corporate strategies: Global Payments Inc.'s focus on scaling operations versus Avery Dennison's emphasis on efficiency. Investors and analysts should consider these insights when evaluating the financial health and strategic direction of these companies.