SG&A Efficiency Analysis: Comparing International Business Machines Corporation and SS&C Technologies Holdings, Inc.

SG&A Efficiency: IBM vs. SS&C Technologies Over a Decade

__timestampInternational Business Machines CorporationSS&C Technologies Holdings, Inc.
Wednesday, January 1, 20142247200000099471000
Thursday, January 1, 201519894000000192782000
Friday, January 1, 201620279000000239563000
Sunday, January 1, 201719680000000238623000
Monday, January 1, 201819366000000524900000
Tuesday, January 1, 201918724000000723100000
Wednesday, January 1, 202020561000000708600000
Friday, January 1, 202118745000000752100000
Saturday, January 1, 202217483000000925100000
Sunday, January 1, 202317997000000959700000
Monday, January 1, 2024295360000001002400000
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Igniting the spark of knowledge

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. This analysis juxtaposes two industry titans: International Business Machines Corporation (IBM) and SS&C Technologies Holdings, Inc., over a decade from 2014 to 2023.

IBM, a stalwart in the tech industry, has seen its SG&A expenses fluctuate, peaking in 2020 with a 15% increase from 2019, before declining by 22% by 2023. This trend reflects IBM's strategic cost management amidst technological shifts. Conversely, SS&C Technologies, a leader in financial services software, has consistently increased its SG&A spending, growing nearly tenfold from 2014 to 2023. This growth underscores SS&C's aggressive expansion strategy.

These contrasting trajectories highlight the diverse approaches to SG&A efficiency, offering valuable insights into corporate strategy and financial health.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025