SG&A Efficiency Analysis: Comparing Fiserv, Inc. and Broadridge Financial Solutions, Inc.

SG&A Efficiency: Fiserv vs. Broadridge Financial

__timestampBroadridge Financial Solutions, Inc.Fiserv, Inc.
Wednesday, January 1, 2014376000000975000000
Thursday, January 1, 20153968000001034000000
Friday, January 1, 20164209000001101000000
Sunday, January 1, 20175014000001150000000
Monday, January 1, 20185654000001228000000
Tuesday, January 1, 20195775000003284000000
Wednesday, January 1, 20206390000005652000000
Friday, January 1, 20217443000005810000000
Saturday, January 1, 20228323000006059000000
Sunday, January 1, 20238490000006576000000
Monday, January 1, 20249168000006564000000
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In pursuit of knowledge

SG&A Efficiency: A Tale of Two Financial Giants

In the ever-evolving financial landscape, understanding a company's operational efficiency is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two industry titans: Fiserv, Inc. and Broadridge Financial Solutions, Inc., from 2014 to 2023. Over this decade, Broadridge's SG&A expenses grew steadily, peaking at approximately 916 million in 2023, marking a 144% increase from 2014. In contrast, Fiserv's expenses surged dramatically, reaching around 6.576 billion in 2023, a staggering 574% rise from 2014. This stark difference highlights Fiserv's aggressive expansion strategy. However, the data for 2024 is incomplete, leaving room for speculation on future trends. As these companies navigate the complexities of the financial sector, their SG&A efficiency will remain a key indicator of their operational prowess and strategic direction.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025