| __timestamp | RB Global, Inc. | Thomson Reuters Corporation |
|---|---|---|
| Wednesday, January 1, 2014 | 248220000 | 9209000000 |
| Thursday, January 1, 2015 | 254990000 | 8810000000 |
| Friday, January 1, 2016 | 283529000 | 8232000000 |
| Sunday, January 1, 2017 | 323270000 | 8079000000 |
| Monday, January 1, 2018 | 382676000 | 4131000000 |
| Tuesday, January 1, 2019 | 382389000 | 4413000000 |
| Wednesday, January 1, 2020 | 417523000 | 3999000000 |
| Friday, January 1, 2021 | 464599000 | 1624000000 |
| Saturday, January 1, 2022 | 539933000 | 1622000000 |
| Sunday, January 1, 2023 | 743700000 | 64000000 |
| Monday, January 1, 2024 | 773900000 |
Igniting the spark of knowledge
In the competitive world of corporate finance, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Over the past decade, Thomson Reuters Corporation and RB Global, Inc. have showcased contrasting strategies in this domain. From 2014 to 2023, Thomson Reuters saw a dramatic reduction in SG&A expenses, plummeting from a high of $9.2 billion in 2014 to a mere $64 million in 2023. This represents a staggering 99% decrease, highlighting their aggressive cost-cutting measures.
Conversely, RB Global, Inc. experienced a steady increase in SG&A expenses, rising from $248 million in 2014 to $743 million in 2023, marking a 200% increase. This growth could indicate strategic investments in operations and expansion. The contrasting trends between these two companies offer a fascinating insight into different corporate strategies in managing operational costs.
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