SG&A Efficiency Analysis: Comparing QUALCOMM Incorporated and FLEETCOR Technologies, Inc.

SG&A Efficiency: QUALCOMM vs. FLEETCOR Over a Decade

__timestampFLEETCOR Technologies, Inc.QUALCOMM Incorporated
Wednesday, January 1, 20143777440002290000000
Thursday, January 1, 20155150470002344000000
Friday, January 1, 20165194130002385000000
Sunday, January 1, 20176715440002658000000
Monday, January 1, 20185717650002986000000
Tuesday, January 1, 20196120160002195000000
Wednesday, January 1, 20205674100002074000000
Friday, January 1, 20217479480002339000000
Saturday, January 1, 20228932170002570000000
Sunday, January 1, 202310342480002483000000
Monday, January 1, 20249977800002759000000
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In pursuit 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. Over the past decade, QUALCOMM Incorporated and FLEETCOR Technologies, Inc. have showcased contrasting trends in their SG&A expenditures.

From 2014 to 2023, QUALCOMM's SG&A expenses have remained relatively stable, averaging around $2.46 billion annually, with a peak in 2018. This stability reflects a consistent approach to managing operational costs, even as revenues fluctuated. In contrast, FLEETCOR's SG&A expenses have surged by approximately 174%, from $378 million in 2014 to over $1 billion in 2023. This increase highlights FLEETCOR's aggressive expansion strategy, which may impact its profitability margins.

Interestingly, 2024 data for FLEETCOR is missing, leaving room for speculation on whether this upward trend will continue. As investors and analysts scrutinize these figures, the efficiency of SG&A spending remains a key indicator of corporate health and strategic direction.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025