Carlisle Companies Incorporated or American Airlines Group Inc.: Who Manages SG&A Costs Better?

SG&A Cost Management: A Tale of Two Companies

In the competitive landscape of corporate America, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. This analysis compares Carlisle Companies Incorporated and American Airlines Group Inc. over a decade, from 2014 to 2023.

A Decade of Financial Strategy

Carlisle Companies has consistently demonstrated superior SG&A cost management. Their average annual SG&A expenses were approximately 60% lower than American Airlines, highlighting a strategic focus on efficiency. Notably, in 2020, Carlisle maintained stable expenses despite global economic challenges, while American Airlines saw a significant drop, reflecting industry-specific impacts.

The Bigger Picture

By 2023, Carlisle's SG&A expenses were 65% of their 2014 levels, showcasing a disciplined approach. In contrast, American Airlines' expenses fluctuated, peaking in 2022. This comparison underscores the importance of strategic cost management in enhancing financial resilience and competitiveness.