Selling, General, and Administrative Costs: Fiserv, Inc. vs Jabil Inc.

A Comparative Analysis of SG&A Expenses: Fiserv, Inc. vs. Jabil Inc.

In the ever-evolving landscape of corporate finance, understanding the nuances of Selling, General, and Administrative (SG&A) expenses is crucial. Over the past decade, Fiserv, Inc. and Jabil Inc. have demonstrated contrasting trajectories in their SG&A expenditures. From 2014 to 2023, Fiserv's SG&A costs surged by over 570%, peaking at approximately $6.6 billion in 2023. This dramatic increase reflects Fiserv's aggressive expansion and strategic investments.

Conversely, Jabil Inc. maintained a more stable SG&A profile, with expenses growing modestly by around 78% over the same period, reaching about $1.2 billion in 2023. This stability underscores Jabil's focus on operational efficiency and cost management. Notably, the data for 2024 is incomplete, highlighting the dynamic nature of financial reporting. As businesses navigate the complexities of the modern economy, these insights into SG&A trends offer valuable lessons in strategic financial planning.