Cost Management Insights: SG&A Expenses for TE Connectivity Ltd. and Corning Incorporated

Navigating SG&A Expenses: A Tale of Two Giants

In the ever-evolving landscape of corporate finance, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, TE Connectivity Ltd. and Corning Incorporated have demonstrated distinct approaches to cost management.

From 2014 to 2023, Corning Incorporated's SG&A expenses have shown a steady increase, peaking in 2022 with a 57% rise from 2014. This upward trend reflects Corning's strategic investments in innovation and market expansion. In contrast, TE Connectivity Ltd. has maintained a more stable SG&A expense profile, with a slight dip in 2020, likely due to global economic challenges. By 2023, TE Connectivity's expenses rebounded, marking a 12% increase from 2014.

Interestingly, 2024 data for Corning is missing, suggesting potential shifts in financial strategies. These insights underscore the importance of adaptive cost management in sustaining competitive advantage.