Operational Costs Compared: SG&A Analysis of International Business Machines Corporation and Garmin Ltd.

SG&A Expenses: IBM vs. Garmin - A Decade of Insights

__timestampGarmin Ltd.International Business Machines Corporation
Wednesday, January 1, 201451866500022472000000
Thursday, January 1, 201556208000019894000000
Friday, January 1, 201658770100020279000000
Sunday, January 1, 201760267000019680000000
Monday, January 1, 201863357100019366000000
Tuesday, January 1, 201968302400018724000000
Wednesday, January 1, 202072141100020561000000
Friday, January 1, 202183181500018745000000
Saturday, January 1, 202294400300017483000000
Sunday, January 1, 2023100809900017997000000
Monday, January 1, 2024110896000029536000000
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Cracking the code

A Comparative Analysis of SG&A Expenses: IBM vs. Garmin

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: International Business Machines Corporation (IBM) and Garmin Ltd., from 2014 to 2023. Over this decade, IBM's SG&A expenses have consistently dwarfed those of Garmin, averaging around 20 times higher. Notably, IBM's expenses peaked in 2014, while Garmin's showed a steady upward trend, culminating in a 94% increase by 2023. This divergence highlights IBM's expansive operational scale compared to Garmin's more streamlined approach. Interestingly, 2024 data for Garmin is missing, leaving room for speculation on its future trajectory. As businesses navigate the complexities of global markets, understanding these financial dynamics offers invaluable insights into strategic decision-making and competitive positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025