Comparing SG&A Expenses: Howmet Aerospace Inc. vs Builders FirstSource, Inc. Trends and Insights

SG&A Expenses: A Tale of Two Companies

In the ever-evolving landscape of aerospace and construction, Howmet Aerospace Inc. and Builders FirstSource, Inc. present a fascinating study in contrasts. Over the past decade, Builders FirstSource has seen a staggering 1,150% increase in its Selling, General, and Administrative (SG&A) expenses, peaking in 2022. This growth reflects the company's aggressive expansion and market consolidation strategies. In contrast, Howmet Aerospace's SG&A expenses have remained relatively stable, with a slight decline of around 55% from 2014 to 2023. This stability suggests a focus on operational efficiency and cost management.

Key Insights

• Builders FirstSource, Inc.: From 2014 to 2023, SG&A expenses surged, highlighting its dynamic growth trajectory.
• Howmet Aerospace Inc.: A consistent approach to cost control, with expenses decreasing over the same period.
  These trends offer a window into the strategic priorities of each company, providing valuable insights for investors and industry analysts alike.