Cost Management Insights: SG&A Expenses for Fiserv, Inc. and Teledyne Technologies Incorporated

Navigating SG&A Expenses: A Tale of Two Companies

In the ever-evolving landscape of corporate finance, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Fiserv, Inc. and Teledyne Technologies Incorporated, two giants in their respective industries, have demonstrated contrasting trends in SG&A expenses over the past decade.

Fiserv, Inc.: A Steady Climb

Since 2014, Fiserv has seen a remarkable increase in SG&A expenses, growing by over 570% by 2023. This surge reflects strategic investments and expansions, particularly noticeable in 2019 and 2020, where expenses nearly doubled.

Teledyne Technologies: A Balanced Approach

Conversely, Teledyne Technologies has maintained a more stable trajectory, with a modest 97% increase over the same period. This steady growth underscores a disciplined approach to cost management, peaking in 2023 with a 20% rise from the previous year.

These insights offer a window into the financial strategies of two industry leaders, highlighting the diverse approaches to managing operational costs.