SG&A Efficiency Analysis: Comparing Fiserv, Inc. and Marvell Technology, Inc.

SG&A Efficiency: A Tale of Two Companies

In the ever-evolving landscape of corporate finance, understanding the efficiency of Selling, General, and Administrative (SG&A) expenses is crucial. Fiserv, Inc. and Marvell Technology, Inc. offer a fascinating study in contrasts over the past decade.

Fiserv, Inc.: A Steady Climb

From 2014 to 2023, Fiserv's SG&A expenses have surged by over 570%, peaking at approximately $6.6 billion in 2023. This growth reflects Fiserv's aggressive expansion and investment in operational capabilities.

Marvell Technology, Inc.: A Consistent Path

Conversely, Marvell Technology's SG&A expenses have shown a more modest increase, with a 225% rise over the same period, reaching around $955 million in 2022. This indicates a more conservative approach to managing operational costs.

Missing Data: A Note

While 2024 data for Fiserv is unavailable, Marvell's expenses continue to hover around $834 million, suggesting stability in their financial strategy.