Cost Management Insights: SG&A Expenses for Howmet Aerospace Inc. and Xylem Inc.

Navigating SG&A Expenses: A Tale of Two Giants

In the ever-evolving aerospace and water technology sectors, effective cost management is crucial. Howmet Aerospace Inc. and Xylem Inc. have demonstrated contrasting trends in their Selling, General, and Administrative (SG&A) expenses over the past decade.

Howmet Aerospace Inc.

From 2014 to 2023, Howmet Aerospace saw a significant reduction in SG&A expenses, dropping by approximately 55%. This decline reflects strategic cost-cutting measures, particularly evident in 2020 and 2021, where expenses plummeted to around 30% of their 2014 levels.

Xylem Inc.

Conversely, Xylem Inc. experienced a steady increase in SG&A expenses, peaking in 2023 with a 90% rise from 2014. This growth aligns with their expansion strategies and increased market presence.

These insights highlight the diverse approaches to cost management in different industries, offering valuable lessons for businesses aiming to optimize their financial strategies.