SG&A Efficiency Analysis: Comparing Fiserv, Inc. and TE Connectivity Ltd.

SG&A Efficiency: A Tale of Two Giants

In the ever-evolving landscape of corporate finance, understanding the efficiency of Selling, General, and Administrative (SG&A) expenses is crucial. Over the past decade, Fiserv, Inc. and TE Connectivity Ltd. have showcased contrasting trends in their SG&A expenditures.

Fiserv, Inc.: A Surge in Spending

From 2014 to 2023, Fiserv's SG&A expenses skyrocketed by over 570%, peaking in 2023. This dramatic increase reflects strategic investments and potential expansions, yet it raises questions about cost management and efficiency.

TE Connectivity Ltd.: Steady as She Goes

Conversely, TE Connectivity maintained a more stable SG&A trajectory, with a modest 12% increase over the same period. This consistency suggests a disciplined approach to operational costs, potentially enhancing profitability.

As we look to 2024, the absence of Fiserv's data leaves room for speculation. Will they continue their upward trend, or will they pivot towards efficiency? Only time will tell.