Selling, General, and Administrative Costs: Fiserv, Inc. vs II-VI Incorporated

A Tale of Two Companies: SG&A Expenses Over Time

In the world of corporate finance, Selling, General, and Administrative (SG&A) expenses are a critical measure of a company's operational efficiency. This article delves into the SG&A expenses of two prominent companies, Fiserv, Inc. and II-VI Incorporated, from 2014 to 2023.

Fiserv, Inc.: A Steady Climb

Over the past decade, Fiserv, Inc. has seen a remarkable increase in its SG&A expenses, growing by over 570% from 2014 to 2023. This growth reflects the company's strategic investments and expansion efforts, particularly noticeable in the significant jump between 2018 and 2019.

II-VI Incorporated: A Modest Rise

In contrast, II-VI Incorporated's SG&A expenses have grown at a more modest pace, increasing by approximately 650% over the same period. This steady rise indicates a controlled expansion strategy, with a notable peak in 2023.

These trends highlight the differing strategies and growth trajectories of these two industry players.