Cost Management Insights: SG&A Expenses for Thomson Reuters Corporation and American Airlines Group Inc.

Navigating Cost Management: A Tale of Two Giants

In the ever-evolving landscape of corporate finance, effective cost management is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two industry titans: Thomson Reuters Corporation and American Airlines Group Inc., from 2014 to 2023.

Thomson Reuters Corporation

Thomson Reuters, a leader in information services, saw a significant reduction in SG&A expenses, plummeting from a peak in 2014 to a mere fraction by 2023. This represents a staggering 99% decrease, highlighting their strategic cost-cutting measures.

American Airlines Group Inc.

Conversely, American Airlines experienced a more volatile trend. Despite a dip in 2020, likely due to the pandemic, their SG&A expenses rebounded by 2022, marking a 254% increase from the 2020 low.

This comparative analysis underscores the diverse strategies in cost management, reflecting broader industry trends and economic conditions.