Morgan StanleyMSNYSE
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SG&A Expenses Over TimeExpanding
Percentile Rank100
3Y CAGR+8.1%
5Y CAGR+7.4%
Year-over-Year Change

Selling, general, and administrative expenses

3Y CAGR
+8.1%/yr
vs +6.9%/yr prior
5Y CAGR
+7.4%/yr
Consistent
Acceleration
+1.1pp
Accelerating
Percentile
P100
Near historical high
vs 5Y Ago
1.4x
Solid growth
Streak
3 yr
Consecutive growthExpanding
PeriodValueYoY Change
2025$30.25B+11.4%
2024$27.14B+8.1%
2023$25.10B+4.8%
2022$23.96B-5.2%
2021$25.27B+19.6%
2020$21.14B+9.4%
2019$19.32B+5.5%
2018$18.32B+3.1%
2017$17.77B+8.0%
2016$16.46B-