Cost Management Insights: SG&A Expenses for Thomson Reuters Corporation and United Rentals, Inc.

SG&A Expenses: Thomson Reuters vs. United Rentals

__timestampThomson Reuters CorporationUnited Rentals, Inc.
Wednesday, January 1, 20149209000000758000000
Thursday, January 1, 20158810000000714000000
Friday, January 1, 20168232000000719000000
Sunday, January 1, 20178079000000903000000
Monday, January 1, 201841310000001038000000
Tuesday, January 1, 201944130000001092000000
Wednesday, January 1, 20203999000000979000000
Friday, January 1, 202116240000001199000000
Saturday, January 1, 202216220000001400000000
Sunday, January 1, 2023640000001527000000
Monday, January 1, 20241645000000
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Unleashing insights

Navigating Cost Management: A Tale of Two Giants

In the ever-evolving landscape of corporate finance, effective cost management remains a cornerstone of success. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two industry titans: Thomson Reuters Corporation and United Rentals, Inc., from 2014 to 2023.

Thomson Reuters Corporation: A Strategic Shift

Thomson Reuters witnessed a dramatic 99% reduction in SG&A expenses from 2014 to 2023, reflecting a strategic pivot towards leaner operations. The most significant drop occurred between 2017 and 2018, with expenses halving, signaling a major restructuring or divestiture.

United Rentals, Inc.: Steady Growth

Conversely, United Rentals experienced a consistent upward trend, with SG&A expenses growing by approximately 100% over the same period. This growth aligns with the company's expansion strategy, underscoring its commitment to scaling operations.

Conclusion

These contrasting trajectories highlight the diverse strategies employed by corporations in managing costs, offering valuable insights for investors and analysts alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025