SG&A Efficiency Analysis: Comparing International Business Machines Corporation and Applied Materials, Inc.

SG&A Efficiency: IBM vs. AMAT Over a Decade

__timestampApplied Materials, Inc.International Business Machines Corporation
Wednesday, January 1, 201489000000022472000000
Thursday, January 1, 201589700000019894000000
Friday, January 1, 201681900000020279000000
Sunday, January 1, 201789000000019680000000
Monday, January 1, 2018100200000019366000000
Tuesday, January 1, 201998200000018724000000
Wednesday, January 1, 2020109300000020561000000
Friday, January 1, 2021122900000018745000000
Saturday, January 1, 2022143800000017483000000
Sunday, January 1, 2023162800000017997000000
Monday, January 1, 2024179700000029536000000
Loading chart...

Igniting the spark of knowledge

SG&A Efficiency: A Tale of Two Giants

In the ever-evolving landscape of technology, understanding the efficiency of Selling, General, and Administrative (SG&A) expenses is crucial for evaluating corporate performance. This analysis juxtaposes two industry titans: International Business Machines Corporation (IBM) and Applied Materials, Inc. (AMAT), from 2014 to 2024.

A Decade of Financial Strategy

Over the past decade, IBM's SG&A expenses have shown a significant fluctuation, peaking in 2024 with a 48% increase from 2019. In contrast, AMAT has demonstrated a steady upward trend, with a 95% rise in SG&A expenses over the same period. This suggests a strategic expansion and investment in operational capabilities.

Strategic Implications

While IBM's higher SG&A expenses reflect its expansive global operations, AMAT's consistent growth indicates a focused approach to scaling its business. Investors and analysts should consider these trends when evaluating the companies' financial health and strategic direction.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025