Comparing SG&A Expenses: RTX Corporation vs American Airlines Group Inc. Trends and Insights

A Tale of Two Giants: SG&A Expenses of RTX Corporation vs. American Airlines Group Inc.

In the ever-evolving landscape of corporate finance, understanding the trends in Selling, General, and Administrative (SG&A) expenses offers a window into a company's operational efficiency. From 2014 to 2023, RTX Corporation and American Airlines Group Inc. have showcased contrasting trajectories in their SG&A expenses.

RTX Corporation, a leader in aerospace and defense, saw its SG&A expenses peak in 2019, reaching a staggering 8.5 billion USD, before experiencing a decline to 4 billion USD in 2023. This represents a significant reduction of over 50% from its peak, reflecting strategic cost management.

Conversely, American Airlines Group Inc. displayed a more volatile pattern. Despite a dip in 2020, likely due to the pandemic, their expenses rebounded to 1.8 billion USD by 2022, marking a 250% increase from the 2020 low. However, 2023 saw a slight decrease, indicating potential cost optimization efforts.

These trends highlight the dynamic nature of SG&A expenses and their critical role in shaping corporate strategies.