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

Optimizing SG&A Costs: A Tale of Two Companies

In the competitive world of business, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Fiserv, Inc. and PTC Inc., two giants in their respective fields, have shown contrasting trends in SG&A optimization from 2014 to 2023.

Fiserv, Inc. has seen a significant increase in SG&A expenses, rising by approximately 575% over the decade. This surge, particularly noticeable post-2018, suggests strategic investments or expansions. In contrast, PTC Inc. has maintained a more stable trajectory, with a modest 52% increase, indicating a more controlled approach to cost management.

While Fiserv's aggressive spending might hint at growth ambitions, PTC's steady path reflects a focus on efficiency. As we move into 2024, with some data yet to be reported, the question remains: which strategy will prove more sustainable in the long run?