International Business Machines Corporation or Amphenol Corporation: Who Manages SG&A Costs Better?

IBM vs. Amphenol: SG&A Cost Efficiency Battle

__timestampAmphenol CorporationInternational Business Machines Corporation
Wednesday, January 1, 201464510000022472000000
Thursday, January 1, 201566910000019894000000
Friday, January 1, 201679820000020279000000
Sunday, January 1, 201787830000019680000000
Monday, January 1, 201895950000019366000000
Tuesday, January 1, 201997140000018724000000
Wednesday, January 1, 2020101420000020561000000
Friday, January 1, 2021122630000018745000000
Saturday, January 1, 2022142090000017483000000
Sunday, January 1, 2023148990000017997000000
Monday, January 1, 2024185540000029536000000
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SG&A Cost Management: IBM vs. Amphenol

In the competitive landscape of corporate finance, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. This analysis compares the SG&A cost management of International Business Machines Corporation (IBM) and Amphenol Corporation from 2014 to 2024. Over this decade, IBM's SG&A expenses have consistently been higher, averaging around $20 billion annually, while Amphenol's expenses have been significantly lower, averaging just over $1 billion. Despite IBM's larger scale, Amphenol demonstrates a more efficient cost management strategy, maintaining a steady increase in SG&A expenses by approximately 10% annually, compared to IBM's fluctuating expenses. Notably, in 2023, Amphenol's expenses rose to $1.49 billion, while IBM's decreased to $17.99 billion, highlighting Amphenol's consistent growth and IBM's efforts to streamline costs. This trend underscores the importance of strategic cost management in enhancing corporate efficiency and competitiveness.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025