Operational Costs Compared: SG&A Analysis of Analog Devices, Inc. and Corning Incorporated

A Comparative Analysis of SG&A Expenses: Analog Devices, Inc. vs. Corning Incorporated

In the ever-evolving landscape of technology and innovation, operational efficiency is paramount. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two industry giants: Analog Devices, Inc. and Corning Incorporated, from 2014 to 2023. Over this decade, Corning consistently outpaced Analog Devices in SG&A spending, with an average of 1.64 billion USD annually, compared to Analog Devices' 783 million USD. Notably, Corning's SG&A expenses peaked in 2022, reaching nearly 1.9 billion USD, while Analog Devices saw a significant rise in 2022, with expenses climbing to 1.27 billion USD. This upward trend in SG&A expenses for both companies highlights their strategic investments in operational capabilities. However, the data for 2024 is incomplete, leaving room for speculation on future trends. As these companies continue to innovate, monitoring their operational costs will be crucial for stakeholders.