Operational Costs Compared: SG&A Analysis of Cisco Systems, Inc. and Amphenol Corporation

A Comparative Analysis of SG&A Expenses: Cisco vs. Amphenol

In the ever-evolving landscape of technology and electronics, operational efficiency is paramount. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two industry giants: Cisco Systems, Inc. and Amphenol Corporation, from 2014 to 2024. Over this decade, Cisco's SG&A expenses have consistently dwarfed those of Amphenol, averaging nearly 10 times higher. However, Amphenol has shown a remarkable upward trend, with a 187% increase in SG&A expenses, reflecting its aggressive growth strategy.

Key Insights

• Cisco's Stability: Despite fluctuations, Cisco's SG&A expenses have remained relatively stable, indicating a mature operational model.
• Amphenol's Growth: Amphenol's expenses surged, particularly post-2020, highlighting its expansion efforts.

This data underscores the strategic differences between a tech behemoth and a rapidly growing electronics manufacturer, offering valuable insights for investors and industry analysts.