International Business Machines Corporation or Texas Instruments Incorporated: Who Manages SG&A Costs Better?

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

__timestampInternational Business Machines CorporationTexas Instruments Incorporated
Wednesday, January 1, 2014224720000001843000000
Thursday, January 1, 2015198940000001748000000
Friday, January 1, 2016202790000001767000000
Sunday, January 1, 2017196800000001694000000
Monday, January 1, 2018193660000001684000000
Tuesday, January 1, 2019187240000001645000000
Wednesday, January 1, 2020205610000001623000000
Friday, January 1, 2021187450000001666000000
Saturday, January 1, 2022174830000001704000000
Sunday, January 1, 2023179970000001825000000
Monday, January 1, 2024295360000001794000000
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SG&A Cost Management: IBM vs. Texas Instruments

In the competitive landscape of technology giants, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, International Business Machines Corporation (IBM) and Texas Instruments Incorporated (TI) have showcased contrasting strategies in this domain. From 2014 to 2024, IBM's SG&A expenses fluctuated significantly, peaking in 2024 with a 42% increase from its lowest point in 2023. In contrast, TI maintained a more stable trajectory, with expenses decreasing by approximately 3% over the same period.

IBM's higher SG&A costs, averaging around 12 times those of TI, reflect its expansive global operations and diverse product offerings. Meanwhile, TI's leaner cost structure highlights its focus on efficiency and specialization in semiconductor manufacturing. As businesses navigate economic uncertainties, these insights into SG&A management offer valuable lessons in balancing growth and cost control.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025