SG&A Efficiency Analysis: Comparing SAP SE and Fiserv, Inc.

SG&A Efficiency: A Decade of Insights

In the ever-evolving landscape of global business, understanding the efficiency of Selling, General, and Administrative (SG&A) expenses is crucial. Over the past decade, SAP SE and Fiserv, Inc. have demonstrated contrasting strategies in managing these costs.

SAP SE: A Steady Climb

From 2014 to 2023, SAP SE's SG&A expenses have shown a consistent upward trend, peaking in 2022 with a 112% increase from 2014. This reflects SAP's strategic investments in expanding its global footprint and enhancing its service offerings.

Fiserv, Inc.: A Rapid Surge

Conversely, Fiserv, Inc. experienced a dramatic rise in SG&A expenses, particularly post-2018, with a staggering 575% increase by 2023. This surge aligns with Fiserv's aggressive acquisition strategy and expansion into new markets.

Conclusion

These insights reveal how two industry giants navigate their growth paths, offering valuable lessons in strategic financial management.