Breaking Down SG&A Expenses: Howmet Aerospace Inc. vs Carlisle Companies Incorporated

A Tale of Two Companies: SG&A Expenses Over Time

In the competitive landscape of aerospace and industrial manufacturing, understanding the financial dynamics of key players is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Howmet Aerospace Inc. and Carlisle Companies Incorporated from 2014 to 2023.

Howmet Aerospace Inc.

Howmet Aerospace, a leader in advanced engineered solutions, saw a significant fluctuation in its SG&A expenses. Starting at a high in 2014, the company experienced a dramatic 67% decrease by 2021, reflecting strategic cost management or potential restructuring efforts.

Carlisle Companies Incorporated

Conversely, Carlisle Companies, known for its diversified industrial products, demonstrated a steady increase in SG&A expenses, peaking in 2022 with a 114% rise from 2014. This trend suggests a robust expansion strategy, possibly investing in growth and innovation.

These contrasting financial trajectories highlight the diverse strategies employed by these industry giants, offering valuable insights into their operational priorities.