Operational Costs Compared: SG&A Analysis of 3M Company and Axon Enterprise, Inc.

A Tale of Two Companies: SG&A Expenses Over Time

In the world of corporate finance, understanding operational costs is crucial for evaluating a company's efficiency. This analysis compares the Selling, General, and Administrative (SG&A) expenses of two industry giants: 3M Company and Axon Enterprise, Inc., from 2014 to 2023.

3M Company: A Steady Climb

3M's SG&A expenses have shown a significant upward trend, peaking in 2023 with a staggering 166% increase from 2014. This rise reflects 3M's expansive operational strategies and market adaptation over the years.

Axon Enterprise, Inc.: A Rapid Growth

Axon, on the other hand, has experienced a remarkable growth trajectory, with SG&A expenses increasing by over 800% from 2014 to 2023. This surge underscores Axon's aggressive expansion and investment in innovation.

Missing Data

Note: The data for 2024 is incomplete, highlighting the dynamic nature of financial reporting.

This comparative analysis offers a window into the strategic financial maneuvers of these two companies, providing valuable insights for investors and analysts alike.