Cost Management Insights: SG&A Expenses for Owens Corning and Textron Inc.

Navigating SG&A Expenses: A Tale of Two Companies

In the ever-evolving landscape of corporate finance, understanding cost management is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Owens Corning and Textron Inc. over the past decade. From 2014 to 2023, Owens Corning's SG&A expenses have shown a steady increase, peaking at approximately 83% higher in 2023 compared to 2014. Meanwhile, Textron Inc. experienced a more volatile journey, with a notable dip in 2020, followed by a resurgence. By 2023, Textron's expenses were nearly 10% lower than their 2014 levels, showcasing their strategic cost management. However, 2024 data for Owens Corning remains elusive, leaving room for speculation. This comparative insight not only highlights the financial strategies of these industry giants but also underscores the importance of adaptive cost management in maintaining competitive advantage.