__timestamp | Quanta Services, Inc. | Thomson Reuters Corporation |
---|---|---|
Wednesday, January 1, 2014 | 580730000 | 9209000000 |
Thursday, January 1, 2015 | 592863000 | 8810000000 |
Friday, January 1, 2016 | 653338000 | 8232000000 |
Sunday, January 1, 2017 | 777920000 | 8079000000 |
Monday, January 1, 2018 | 857574000 | 4131000000 |
Tuesday, January 1, 2019 | 955991000 | 4413000000 |
Wednesday, January 1, 2020 | 975074000 | 3999000000 |
Friday, January 1, 2021 | 1155956000 | 1624000000 |
Saturday, January 1, 2022 | 1336711000 | 1622000000 |
Sunday, January 1, 2023 | 1555137000 | 64000000 |
In pursuit of knowledge
In the competitive world of business, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Over the past decade, Quanta Services, Inc. and Thomson Reuters Corporation have taken different paths in optimizing these costs. From 2014 to 2023, Quanta Services, Inc. has seen a steady increase in SG&A expenses, rising by approximately 168%, reflecting their strategic investments in growth and expansion. In contrast, Thomson Reuters Corporation has dramatically reduced their SG&A expenses by over 99% during the same period, indicating a significant shift towards efficiency and cost-cutting measures.
This divergence highlights the distinct strategies employed by each company. While Quanta Services focuses on scaling operations, Thomson Reuters is honing in on streamlining processes. As businesses navigate the complexities of the modern market, these insights offer valuable lessons in balancing growth with cost management.
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