Fiserv, Inc. and CDW Corporation: SG&A Spending Patterns Compared

SG&A Spending Patterns: A Tale of Two Giants

In the ever-evolving landscape of corporate America, understanding the financial strategies of industry leaders is crucial. Fiserv, Inc. and CDW Corporation, two titans in their respective fields, have shown distinct patterns in their Selling, General, and Administrative (SG&A) expenses over the past decade.

A Decade of Growth

From 2014 to 2023, Fiserv's SG&A expenses surged by over 570%, reflecting its aggressive expansion and strategic acquisitions. In contrast, CDW Corporation's expenses grew by approximately 138%, indicating a more measured approach to scaling operations.

Strategic Implications

The divergence in spending patterns highlights differing strategic priorities. Fiserv's rapid increase suggests a focus on growth and market penetration, while CDW's steady rise points to a balanced strategy of growth and cost management.

Conclusion

These insights into SG&A spending provide a window into the strategic priorities of these companies, offering valuable lessons for investors and industry analysts alike.