TE Connectivity Ltd. or PTC Inc.: Who Manages SG&A Costs Better?

Who Manages SG&A Costs Better: TE Connectivity Ltd. or PTC Inc.?

In the competitive landscape of technology and connectivity, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, TE Connectivity Ltd. and PTC Inc. have shown distinct approaches to handling these costs. From 2014 to 2024, TE Connectivity consistently reported higher SG&A expenses, peaking at approximately $1.73 billion in 2024. In contrast, PTC Inc.'s expenses grew steadily, reaching around $791 million in the same year. Despite TE Connectivity's larger scale, PTC Inc. demonstrated a more controlled growth in SG&A costs, with an average annual increase of about 5%. This strategic management could indicate a more efficient cost structure, potentially offering a competitive edge. As businesses navigate economic uncertainties, understanding these financial strategies becomes essential for investors and stakeholders alike.