Global Payments Inc. or ITT Inc.: Who Manages SG&A Costs Better?

Who Manages SG&A Costs Better: Global Payments Inc. or ITT Inc.?

In the competitive landscape of financial management, controlling Selling, General, and Administrative (SG&A) expenses is crucial for profitability. From 2014 to 2023, Global Payments Inc. and ITT Inc. have shown contrasting trends in managing these costs. Global Payments Inc. saw a significant increase in SG&A expenses, rising by approximately 215% over the decade, peaking at $4.07 billion in 2023. In contrast, ITT Inc. maintained a more stable trajectory, with expenses fluctuating modestly around $438 million, showcasing a disciplined approach to cost management. This comparison highlights Global Payments Inc.'s aggressive growth strategy, potentially investing heavily in expansion, while ITT Inc. appears to prioritize cost efficiency. Understanding these strategies provides valuable insights into how companies balance growth and operational efficiency in a dynamic market.