Delta Air Lines, Inc. or XPO Logistics, Inc.: Who Manages SG&A Costs Better?

Delta vs. XPO: A Decade of SG&A Cost Management

__timestampDelta Air Lines, Inc.XPO Logistics, Inc.
Wednesday, January 1, 20142785000000422500000
Thursday, January 1, 201531620000001113400000
Friday, January 1, 201628250000001651200000
Sunday, January 1, 201728920000001656500000
Monday, January 1, 201832420000001837000000
Tuesday, January 1, 201936360000001845000000
Wednesday, January 1, 20205820000002172000000
Friday, January 1, 202110610000001322000000
Saturday, January 1, 20222454000000678000000
Sunday, January 1, 20232334000000167000000
Monday, January 1, 20242485000000134000000
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Who Manages SG&A Costs Better: Delta Air Lines or XPO Logistics?

In the competitive world of business, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Delta Air Lines and XPO Logistics, two giants in their respective industries, have shown contrasting trends in SG&A management over the past decade. From 2014 to 2023, Delta Air Lines' SG&A expenses fluctuated, peaking in 2019 and then dropping significantly by 2023. In contrast, XPO Logistics saw a steady increase until 2020, followed by a sharp decline, reaching its lowest in 2023.

Delta's expenses in 2023 were approximately 16% lower than their 2019 peak, while XPO's expenses plummeted by over 90% from their 2020 high. These trends highlight the dynamic nature of cost management strategies in response to market conditions and internal efficiencies. As businesses navigate economic uncertainties, effective SG&A management remains a key differentiator.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025