International Business Machines Corporation or STMicroelectronics N.V.: Who Manages SG&A Costs Better?

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

__timestampInternational Business Machines CorporationSTMicroelectronics N.V.
Wednesday, January 1, 201422472000000940000000
Thursday, January 1, 201519894000000891000000
Friday, January 1, 201620279000000933000000
Sunday, January 1, 2017196800000001001000000
Monday, January 1, 2018193660000001109000000
Tuesday, January 1, 2019187240000001093000000
Wednesday, January 1, 2020205610000001123000000
Friday, January 1, 2021187450000001319000000
Saturday, January 1, 2022174830000001428000000
Sunday, January 1, 2023179970000001650000000
Monday, January 1, 202429536000000
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Igniting the spark of knowledge

Who Manages SG&A Costs Better: IBM or STMicroelectronics?

In the ever-evolving tech industry, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. From 2014 to 2023, International Business Machines Corporation (IBM) and STMicroelectronics N.V. (STM) have shown contrasting trends in their SG&A management. IBM, a giant in the tech world, saw its SG&A expenses decrease by approximately 20% over this period, from $22.47 billion in 2014 to $17.99 billion in 2023. In contrast, STM, a leading semiconductor company, experienced a 75% increase in SG&A expenses, rising from $940 million to $1.65 billion. This divergence highlights IBM's strategic cost-cutting measures, while STM's growth in expenses may reflect its expansion efforts. As the tech landscape continues to shift, these companies' approaches to managing SG&A costs will be pivotal in shaping their financial futures.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025