SG&A Efficiency Analysis: Comparing International Business Machines Corporation and Teledyne Technologies Incorporated

SG&A Trends: IBM vs. Teledyne's Strategic Approaches

__timestampInternational Business Machines CorporationTeledyne Technologies Incorporated
Wednesday, January 1, 201422472000000612400000
Thursday, January 1, 201519894000000588600000
Friday, January 1, 201620279000000574100000
Sunday, January 1, 201719680000000656000000
Monday, January 1, 201819366000000694200000
Tuesday, January 1, 201918724000000751600000
Wednesday, January 1, 202020561000000700800000
Friday, January 1, 2021187450000001067800000
Saturday, January 1, 2022174830000001156600000
Sunday, January 1, 2023179970000001208300000
Monday, January 1, 202429536000000
Loading chart...

Unlocking the unknown

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, International Business Machines Corporation (IBM) and Teledyne Technologies Incorporated have showcased contrasting trends in their SG&A expenditures.

From 2014 to 2023, IBM's SG&A expenses have seen a gradual decline, dropping approximately 20% from their peak in 2014. This reduction reflects IBM's strategic shift towards more efficient operations amidst a rapidly changing tech environment. In contrast, Teledyne Technologies has experienced a significant increase of nearly 97% in SG&A expenses over the same period, indicating aggressive expansion and investment in administrative capabilities.

These trends highlight the diverse strategies employed by these industry leaders. While IBM focuses on streamlining, Teledyne is investing in growth, each adapting to the unique challenges and opportunities of their respective markets.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025