Comparing SG&A Expenses: Howmet Aerospace Inc. vs Verisk Analytics, 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 delves into the SG&A trends of Howmet Aerospace Inc. and Verisk Analytics, Inc. over the past decade, from 2014 to 2023.

Howmet Aerospace Inc.

Howmet Aerospace Inc. experienced a significant decline in SG&A expenses, dropping by approximately 55% from 2014 to 2023. The most notable reduction occurred between 2019 and 2020, where expenses plummeted by over 60%, reflecting strategic cost-cutting measures.

Verisk Analytics, Inc.

Conversely, Verisk Analytics, Inc. saw a steady increase in SG&A expenses, rising by about 71% over the same period. The peak was in 2019, with a 90% increase compared to 2014, indicating a robust expansion strategy.

These contrasting trends highlight the diverse strategies employed by these industry giants, offering valuable insights into their financial health and strategic priorities.