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

IBM vs. FICO: A Decade of SG&A Cost Management

__timestampFair Isaac CorporationInternational Business Machines Corporation
Wednesday, January 1, 201427820300022472000000
Thursday, January 1, 201530000200019894000000
Friday, January 1, 201632894000020279000000
Sunday, January 1, 201733979600019680000000
Monday, January 1, 201838036200019366000000
Tuesday, January 1, 201941408600018724000000
Wednesday, January 1, 202042093000020561000000
Friday, January 1, 202139628100018745000000
Saturday, January 1, 202238386300017483000000
Sunday, January 1, 202340056500017997000000
Monday, January 1, 202446283400029536000000
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Igniting the spark of knowledge

Who Manages SG&A Costs Better: IBM or Fair Isaac?

In the competitive landscape of corporate finance, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Over the past decade, International Business Machines Corporation (IBM) and Fair Isaac Corporation (FICO) have demonstrated contrasting approaches to SG&A management. From 2014 to 2024, IBM's SG&A expenses have fluctuated, peaking in 2024 with a 30% increase from 2014. In contrast, FICO has shown a more consistent upward trend, with a 66% rise over the same period.

While IBM's expenses are significantly higher, reflecting its larger scale, FICO's efficient cost management is noteworthy. By 2023, FICO's SG&A expenses were only about 2% of IBM's, highlighting its lean operational model. This analysis underscores the importance of strategic cost management in enhancing financial performance and competitiveness.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025