Who Optimizes SG&A Costs Better? Thomson Reuters Corporation or Quanta Services, Inc.

SG&A Cost Strategies: Growth vs. Efficiency

__timestampQuanta Services, Inc.Thomson Reuters Corporation
Wednesday, January 1, 20145807300009209000000
Thursday, January 1, 20155928630008810000000
Friday, January 1, 20166533380008232000000
Sunday, January 1, 20177779200008079000000
Monday, January 1, 20188575740004131000000
Tuesday, January 1, 20199559910004413000000
Wednesday, January 1, 20209750740003999000000
Friday, January 1, 202111559560001624000000
Saturday, January 1, 202213367110001622000000
Sunday, January 1, 2023155513700064000000
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In pursuit of knowledge

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. 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.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025