SG&A Efficiency Analysis: Comparing Texas Instruments Incorporated and Manhattan Associates, Inc.

SG&A Efficiency: Texas Instruments vs. Manhattan Associates

__timestampManhattan Associates, Inc.Texas Instruments Incorporated
Wednesday, January 1, 2014970720001843000000
Thursday, January 1, 2015978740001748000000
Friday, January 1, 2016965450001767000000
Sunday, January 1, 2017935360001694000000
Monday, January 1, 20181038800001684000000
Tuesday, January 1, 20191214630001645000000
Wednesday, January 1, 20201092020001623000000
Friday, January 1, 20211259410001666000000
Saturday, January 1, 20221376070001704000000
Sunday, January 1, 20231556640001825000000
Monday, January 1, 20241657860001794000000
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Data in motion

SG&A Efficiency: A Tale of Two Companies

In the competitive landscape of the semiconductor and software industries, understanding operational efficiency is crucial. Texas Instruments Incorporated (TXN) and Manhattan Associates, Inc. (MANH) offer a fascinating comparison in their Selling, General, and Administrative (SG&A) expenses over the past decade. From 2014 to 2023, Texas Instruments consistently maintained higher SG&A expenses, peaking at approximately $1.8 billion in 2014. In contrast, Manhattan Associates started with a modest $97 million in 2014, gradually increasing to $156 million by 2023. This represents a 60% increase for Manhattan Associates, highlighting their strategic investment in operational growth. Meanwhile, Texas Instruments saw a slight decline of about 3% over the same period, reflecting their focus on cost efficiency. The data for 2024 is incomplete, leaving room for speculation on future trends. This analysis underscores the diverse strategies these companies employ to navigate their respective markets.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025