Operational Costs Compared: SG&A Analysis of Fiserv, Inc. and ON Semiconductor Corporation

A Decade of SG&A: Fiserv vs. ON Semiconductor

In the ever-evolving landscape of corporate finance, understanding operational costs is crucial. Over the past decade, Fiserv, Inc. and ON Semiconductor Corporation have showcased contrasting trends in their Selling, General, and Administrative (SG&A) expenses. Fiserv's SG&A expenses have surged by over 570% from 2014 to 2023, reflecting its aggressive expansion and strategic investments. In contrast, ON Semiconductor's expenses have grown by a modest 68%, indicating a more conservative approach.

Key Insights

• Fiserv's Growth: The company's SG&A expenses peaked in 2023, marking a significant increase from its 2014 baseline.
• ON Semiconductor's Stability: Despite fluctuations, ON Semiconductor maintained a steady growth trajectory, with expenses rising gradually each year.

These insights offer a glimpse into the strategic priorities of these industry giants, highlighting Fiserv's expansive strategy versus ON Semiconductor's steady course.