Who Optimizes SG&A Costs Better? Fiserv, Inc. or Intel Corporation

Optimizing SG&A Costs: A Tale of Two Giants

In the competitive world of corporate finance, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Fiserv, Inc. and Intel Corporation, two titans in their respective industries, have shown contrasting trends in SG&A optimization over the past decade. From 2014 to 2023, Fiserv's SG&A expenses surged by over 570%, peaking at approximately $6.6 billion in 2023. This reflects a strategic expansion and investment in operational capabilities. In contrast, Intel's SG&A costs have seen a more conservative trajectory, decreasing by about 31% from their 2014 levels, ending at around $5.6 billion in 2023. This reduction highlights Intel's focus on cost efficiency amidst evolving market dynamics. As businesses navigate economic uncertainties, these insights into SG&A management offer valuable lessons in balancing growth and efficiency.