Selling, General, and Administrative Costs: Thomson Reuters Corporation vs Northrop Grumman Corporation

A Tale of Two Giants: 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 chart offers a fascinating glimpse into the SG&A expenses of two industry titans: Thomson Reuters Corporation and Northrop Grumman Corporation, from 2014 to 2023.

Thomson Reuters: A Rollercoaster Ride

Thomson Reuters, a leader in information services, saw its SG&A expenses peak in 2014, with a staggering 9.2 billion. However, by 2023, these expenses plummeted by over 99%, reflecting significant cost-cutting measures or strategic shifts.

Northrop Grumman: Steady As She Goes

In contrast, Northrop Grumman, a defense and aerospace powerhouse, exhibited a steady increase in SG&A expenses, rising by approximately 67% over the same period. This growth aligns with the company's expanding operations and strategic investments.

This comparison highlights the diverse strategies and financial trajectories of these two corporations, offering valuable insights for investors and analysts alike.