Operational Costs Compared: SG&A Analysis of Texas Instruments Incorporated and Fiserv, Inc.

A Comparative Analysis of SG&A Expenses: Texas Instruments vs. Fiserv

In the ever-evolving landscape of corporate finance, understanding operational costs is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two industry giants: Texas Instruments Incorporated and Fiserv, Inc., from 2014 to 2023. Over this period, Fiserv's SG&A expenses surged by over 570%, peaking in 2023, while Texas Instruments maintained a relatively stable trajectory with a modest 1% decrease. This stark contrast highlights Fiserv's aggressive expansion strategy, possibly driven by acquisitions and scaling operations, compared to Texas Instruments' steady operational efficiency. Notably, the data for 2024 is incomplete, leaving room for speculation on future trends. This financial snapshot offers a window into the strategic priorities of these companies, providing valuable insights for investors and analysts alike.

Key Insights

• Fiserv's SG&A expenses increased significantly, reflecting strategic growth.
• Texas Instruments maintained consistent operational costs, indicating stable management.