Selling, General, and Administrative Costs: Global Payments Inc. vs ZTO Express (Cayman) Inc.

SG&A Expenses: A Decade of Growth and Strategy

__timestampGlobal Payments Inc.ZTO Express (Cayman) Inc.
Wednesday, January 1, 20141295014000534537000
Thursday, January 1, 20151325567000591738000
Friday, January 1, 20161411096000705995000
Sunday, January 1, 20171488258000780517000
Monday, January 1, 201815342970001210717000
Tuesday, January 1, 201920466720001546227000
Wednesday, January 1, 202028788780001663712000
Friday, January 1, 202133911610001875869000
Saturday, January 1, 202235245780002077372000
Sunday, January 1, 202340737680002425253000
Monday, January 1, 20244285307000
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In pursuit of knowledge

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

In the ever-evolving landscape of global commerce, understanding the financial strategies of industry leaders is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Global Payments Inc. and ZTO Express (Cayman) Inc. from 2014 to 2023. Over this period, Global Payments Inc. has seen a remarkable increase in SG&A expenses, growing by over 215%, from approximately $1.3 billion in 2014 to over $4 billion in 2023. This reflects their aggressive expansion and investment in operational capabilities. Meanwhile, ZTO Express has also experienced a significant rise, with expenses more than quadrupling, indicating their strategic focus on scaling operations in the competitive logistics sector. This financial trajectory highlights the contrasting yet ambitious growth strategies of these two giants, offering valuable insights into their market positioning and future potential.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025