uploads///part

Verizon: Comparing Selling, General, and Administrative Expenses

By

Nov. 27 2015, Updated 1:55 p.m. ET

AT&T’s selling, general, and administrative expenses

In 3Q15, AT&T’s (T) SG&A (selling, general, and administrative expenses) increased to $9.1 billion from $8.5 billion in 3Q14 and $8.0 billion in 3Q13. SG&A expenses comprised 23.9% of total revenues in 3Q15. In comparison, they comprised 28.9% and 31.1% of total revenues in 3Q13 and 3Q14, respectively.

Article continues below advertisement

Verizon’s SG&A expenses

In 3Q15, Verizon’s (VZ) SG&A expenses decreased YoY (year-over year) as a percentage of revenues. SG&A expenses increased to $8.3 billion in 3Q15 from $8.27 billion in 3Q14 and $8.0 billion in 3Q13. SG&A expenses comprised 25.1% of total revenues in 3Q15. In comparison, they comprised 26.5% and 26.2% of total revenues in 3Q13 and 3Q14, respectively.

T-Mobile’s SG&A expenses

In 3Q15, T-Mobile’s (TMUS) SG&A expenses increased to $2.6 billion from $2.3 billion in 3Q14 and $1.9 billion in 3Q13. SG&A expenses comprised 33.4% of total revenues in 3Q15. In comparison, they comprised 28.9% and 31.1% of total revenues in 3Q13 and 3Q14, respectively.

SG&A expenses are a major component of service-oriented companies, affecting their profitability. Companies in this sector need to maintain operational efficiency to ensure long-term growth and profitability.

AT&T comprises 26.0% of the Vanguard Telecommunication Services ETF (VOX) and 14.3% of the iShares S&P Global Telecommunications ETF (IXP).

Advertisement

More From Market Realist

  • CONNECT with Market Realist
  • Link to Facebook
  • Link to Twitter
  • Link to Instagram
  • Link to Email Subscribe
Market Realist Logo
Do Not Sell My Personal Information

© Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.