Intel Corporation or Amphenol Corporation: Who Manages SG&A Costs Better?

A Tale of Two Giants: Intel vs. Amphenol in SG&A Management

In the competitive landscape of technology and electronics, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, Intel Corporation and Amphenol Corporation have showcased contrasting strategies in handling these costs. From 2014 to 2023, Amphenol's SG&A expenses grew steadily, peaking at approximately 1.86 billion in 2023, marking a 187% increase from 2014. In contrast, Intel's SG&A expenses fluctuated, with a notable decrease to around 5.63 billion in 2023, a 31% drop from its 2014 figures. This divergence highlights Amphenol's consistent growth strategy, while Intel appears to be optimizing its cost structure. The absence of data for Intel in 2024 suggests a potential shift or restructuring. As these industry leaders navigate the future, their SG&A management will remain a key indicator of their financial health and strategic direction.