Breaking Down SG&A Expenses: Howmet Aerospace Inc. vs XPO Logistics, Inc.

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

In the ever-evolving landscape of aerospace and logistics, Howmet Aerospace Inc. and XPO Logistics, Inc. have showcased intriguing trends in their Selling, General, and Administrative (SG&A) expenses from 2014 to 2023. Howmet Aerospace, a key player in the aerospace sector, saw its SG&A expenses peak in 2016, reaching nearly 950 million, before experiencing a significant decline of over 60% by 2023. In contrast, XPO Logistics, a leader in transportation and logistics, witnessed a steady rise in SG&A expenses, peaking in 2020 at over 2 billion, before dropping by approximately 92% in 2023. This divergence highlights the dynamic nature of these industries, where strategic shifts and market conditions can dramatically impact financial strategies. As we delve into these trends, it becomes evident that adaptability and strategic foresight are crucial for maintaining competitive advantage in these sectors.