Selling, General, and Administrative Costs: Analog Devices, Inc. vs Intel Corporation

A Comparative Analysis of SG&A Expenses: Analog Devices, Inc. vs Intel Corporation

In the ever-evolving landscape of the semiconductor industry, understanding the financial strategies of key players is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Analog Devices, Inc. and Intel Corporation from 2014 to 2023. Over this decade, Intel consistently allocated a significant portion of its budget to SG&A, peaking in 2016 with expenses nearly 18% higher than its 2023 figures. In contrast, Analog Devices, Inc. demonstrated a steady increase, with a notable 180% rise from 2014 to 2023. This trend highlights Analog Devices' strategic investment in operational efficiency and market expansion. Interestingly, 2023 marks a pivotal year where Analog Devices' SG&A expenses reached 22% of Intel's, reflecting a narrowing gap. Such insights underscore the dynamic financial maneuvers within the semiconductor giants, offering a glimpse into their competitive strategies.

Key Insights

• Intel's SG&A expenses peaked in 2016.
• Analog Devices saw a 180% increase in SG&A from 2014 to 2023.
• 2023 shows a narrowing expense gap between the two companies.