SG&A Efficiency Analysis: Comparing Thomson Reuters Corporation and Republic Services, Inc.

SG&A Efficiency: A Tale of Two Giants

In the world of corporate finance, Selling, General, and Administrative (SG&A) expenses are a critical measure of operational efficiency. This analysis compares two industry titans: Thomson Reuters Corporation and Republic Services, Inc., over a decade from 2014 to 2023.

Thomson Reuters Corporation

Thomson Reuters, a leader in information services, saw a significant reduction in SG&A expenses, plummeting from a high of $9.2 billion in 2014 to a mere $64 million in 2023. This dramatic 99% decrease reflects strategic cost-cutting measures and operational streamlining.

Republic Services, Inc.

Conversely, Republic Services, a major player in waste management, experienced a steady increase in SG&A expenses, rising by approximately 70% from $896 million in 2014 to $1.5 billion in 2023. This growth indicates expansion and increased operational activities.

This juxtaposition highlights the diverse strategies and market dynamics influencing SG&A efficiency across different sectors.