Howmet Aerospace Inc. or EMCOR Group, Inc.: Who Manages SG&A Costs Better?

Who Manages SG&A Costs Better: Howmet Aerospace Inc. or EMCOR Group, Inc.?

In the competitive landscape of aerospace and construction services, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Over the past decade, EMCOR Group, Inc. has demonstrated a consistent upward trend in SG&A expenses, increasing by approximately 93% from 2014 to 2023. In contrast, Howmet Aerospace Inc. has seen a significant reduction, with SG&A expenses dropping by about 55% over the same period. This divergence highlights EMCOR's expansion strategy, while Howmet focuses on cost efficiency. The data suggests that EMCOR's SG&A expenses have grown steadily, peaking in 2023, whereas Howmet's expenses have decreased sharply since 2020. This analysis provides a fascinating insight into how these industry giants manage their operational costs, reflecting their strategic priorities and market positioning.