Who Optimizes SG&A Costs Better? Intuit Inc. or Amphenol Corporation

Optimizing SG&A Costs: A Tale of Two Giants

In the competitive landscape of corporate America, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. This analysis pits Intuit Inc. against Amphenol Corporation, two industry leaders, in their quest to optimize these costs over the past decade.

From 2014 to 2024, Intuit Inc. has seen its SG&A expenses grow by approximately 225%, reaching a peak in 2024. In contrast, Amphenol Corporation's expenses increased by about 188% during the same period. Despite Intuit's higher absolute expenses, Amphenol's more modest growth rate suggests a tighter rein on cost management.

The data reveals a consistent upward trend for both companies, with Intuit's expenses consistently outpacing Amphenol's. This could indicate a more aggressive growth strategy or higher operational costs. As businesses navigate economic uncertainties, effective SG&A management remains a key differentiator in maintaining competitive advantage.