Comparing SG&A Expenses: Howmet Aerospace Inc. vs Expeditors International of Washington, Inc. Trends and Insights

SG&A Expenses: A Tale of Two Companies

In the ever-evolving landscape of corporate finance, Selling, General, and Administrative (SG&A) expenses serve as a critical indicator of a company's operational efficiency. This analysis juxtaposes the SG&A trends of Howmet Aerospace Inc. and Expeditors International of Washington, Inc. over the past decade.

Howmet Aerospace Inc.

From 2014 to 2023, Howmet Aerospace Inc. experienced a significant reduction in SG&A expenses, plummeting from approximately $770 million to $343 million. This represents a remarkable 55% decrease, reflecting strategic cost management and operational streamlining.

Expeditors International of Washington, Inc.

Conversely, Expeditors International of Washington, Inc. saw a more modest decline of 27% in SG&A expenses, from $38 million to $28 million. This steady reduction underscores a consistent approach to cost control amidst fluctuating market conditions.

These trends highlight the diverse strategies employed by companies in managing their operational costs, offering valuable insights for investors and industry analysts alike.