Who Optimizes SG&A Costs Better? Analog Devices, Inc. or Trimble Inc.

Optimizing SG&A Costs: A Tale of Two Companies

In the competitive landscape of technology, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, Analog Devices, Inc. and Trimble Inc. have demonstrated distinct strategies in optimizing these costs. From 2014 to 2023, Analog Devices saw a significant increase in SG&A expenses, peaking at approximately 1.27 billion in 2023, a 180% rise from 2014. In contrast, Trimble Inc. maintained a steadier trajectory, with a 69% increase over the same period, reaching around 1.07 billion in 2023. Notably, Analog Devices experienced a sharp rise post-2020, coinciding with strategic acquisitions and expansions. Meanwhile, Trimble's consistent growth reflects a balanced approach to scaling operations. The data for 2024 is incomplete, highlighting the dynamic nature of financial forecasting. As these companies continue to evolve, their SG&A strategies will remain pivotal in shaping their financial futures.