Selling, General, and Administrative Costs: ASML Holding N.V. vs HP Inc.

A Tale of Two Giants: ASML Holding N.V. vs HP Inc.

In the ever-evolving landscape of technology, understanding the financial dynamics of industry leaders is crucial. ASML Holding N.V. and HP Inc., two titans in their respective fields, have shown distinct trends in their Selling, General, and Administrative (SG&A) expenses over the past decade. From 2014 to 2023, ASML's SG&A costs surged by approximately 250%, reflecting its aggressive expansion and innovation strategies. In contrast, HP Inc.'s expenses remained relatively stable, with a modest increase of around 40% over the same period. This divergence highlights ASML's rapid growth trajectory compared to HP's steady approach. Notably, 2023 marked a peak for ASML, with expenses reaching their highest, while HP continued its consistent pattern. Missing data for 2024 suggests a need for cautious interpretation. These insights offer a window into the strategic priorities and operational efficiencies of these global powerhouses.