__timestamp | Thomson Reuters Corporation | United Rentals, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 9209000000 | 758000000 |
Thursday, January 1, 2015 | 8810000000 | 714000000 |
Friday, January 1, 2016 | 8232000000 | 719000000 |
Sunday, January 1, 2017 | 8079000000 | 903000000 |
Monday, January 1, 2018 | 4131000000 | 1038000000 |
Tuesday, January 1, 2019 | 4413000000 | 1092000000 |
Wednesday, January 1, 2020 | 3999000000 | 979000000 |
Friday, January 1, 2021 | 1624000000 | 1199000000 |
Saturday, January 1, 2022 | 1622000000 | 1400000000 |
Sunday, January 1, 2023 | 64000000 | 1527000000 |
Monday, January 1, 2024 | 1645000000 |
Unleashing insights
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 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.
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.
These contrasting trajectories highlight the diverse strategies employed by corporations in managing costs, offering valuable insights for investors and analysts alike.
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