Operational Costs Compared: SG&A Analysis of Thomson Reuters Corporation and ITT Inc.

A Decade of Operational Cost Trends: SG&A Analysis

Thomson Reuters vs. ITT Inc.

In the ever-evolving landscape of corporate finance, understanding operational costs is crucial. Over the past decade, from 2014 to 2023, Thomson Reuters Corporation and ITT Inc. have showcased distinct trajectories in their Selling, General, and Administrative (SG&A) expenses. Thomson Reuters, a global leader in information services, saw a dramatic 99% decrease in SG&A expenses, plummeting from 9.2 billion in 2014 to just 64 million in 2023. This sharp decline reflects strategic cost-cutting measures and possibly a shift in business focus. In contrast, ITT Inc., a diversified manufacturer, maintained a more stable SG&A expense pattern, with a modest 8% reduction over the same period. This stability suggests a consistent operational strategy. These trends highlight the contrasting approaches of two industry giants in managing operational costs, offering valuable insights for investors and analysts alike.