Selling, General, and Administrative Costs: Microsoft Corporation vs Amphenol Corporation

A Tale of Two Giants: Microsoft vs. Amphenol

In the ever-evolving landscape of corporate finance, Selling, General, and Administrative (SG&A) expenses serve as a critical indicator of a company's operational efficiency. Over the past decade, Microsoft Corporation and Amphenol Corporation have showcased contrasting trajectories in their SG&A expenditures.

Microsoft: A Steady Climb

From 2014 to 2024, Microsoft's SG&A expenses have surged by approximately 56%, reflecting its expansive growth and strategic investments. Notably, the tech giant's expenses peaked in 2024, reaching a staggering 32 billion dollars, underscoring its commitment to innovation and market dominance.

Amphenol: A Consistent Rise

Conversely, Amphenol's SG&A costs have increased by nearly 188% over the same period. This steady rise highlights the company's robust expansion in the electronics sector, with 2024 marking its highest expenditure at nearly 1.9 billion dollars.

These trends offer a fascinating glimpse into how two industry leaders manage their operational costs amidst growth and market challenges.