Elbit Systems Ltd. and American Airlines Group Inc.: SG&A Spending Patterns Compared

SG&A Spending Patterns: A Tale of Two Industries

In the ever-evolving landscape of corporate finance, understanding the nuances of Selling, General, and Administrative (SG&A) expenses is crucial. This analysis juxtaposes the SG&A spending patterns of Elbit Systems Ltd., a defense electronics company, and American Airlines Group Inc., a major player in the aviation industry, from 2014 to 2023.

American Airlines' SG&A expenses have shown significant volatility, with a notable dip in 2020, likely due to the pandemic's impact on the travel industry. However, by 2023, their expenses rebounded to nearly 1.8 billion, reflecting a robust recovery. In contrast, Elbit Systems has demonstrated a steady increase in SG&A spending, growing by approximately 95% over the same period, reaching nearly 700 million in 2023. This trend underscores the differing strategic priorities and market conditions faced by these two giants. Understanding these patterns offers valuable insights into their operational strategies and market dynamics.