Intuit Inc. or CDW Corporation: Who Manages SG&A Costs Better?

Intuit Inc. vs. CDW Corporation: A Decade of SG&A Management

In the competitive landscape of corporate finance, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Over the past decade, Intuit Inc. and CDW Corporation have demonstrated contrasting strategies in handling these costs. From 2014 to 2023, Intuit's SG&A expenses surged by approximately 187%, peaking at $5.06 billion in 2023. In contrast, CDW's expenses grew by about 138%, reaching $2.97 billion in the same year. This indicates Intuit's aggressive expansion and investment in administrative capabilities, while CDW maintained a more conservative approach. Notably, Intuit's expenses consistently outpaced CDW's, reflecting its larger scale and broader market reach. However, the absence of data for CDW in 2024 suggests a potential shift or anomaly in reporting. As businesses navigate economic uncertainties, these insights into SG&A management offer valuable lessons in balancing growth with cost efficiency.