Breaking Down SG&A Expenses: AECOM vs American Airlines Group Inc.

A Tale of Two Giants: AECOM vs. American Airlines Group Inc.

In the world of corporate finance, Selling, General, and Administrative (SG&A) expenses are a crucial indicator of a company's operational efficiency. Over the past decade, AECOM and American Airlines Group Inc. have showcased contrasting trends in their SG&A expenses. From 2014 to 2023, AECOM's SG&A expenses grew by approximately 98%, reflecting a steady increase in operational costs. In contrast, American Airlines experienced a more volatile journey, with a significant dip in 2020, where expenses plummeted by 68% compared to the previous year, likely due to the pandemic's impact on the airline industry. However, by 2022, American Airlines rebounded, reaching its highest SG&A expenses in the decade. This comparison highlights the resilience and adaptability of these industry leaders in navigating economic challenges and optimizing their operational strategies.