Howmet Aerospace Inc. or Snap-on Incorporated: Who Manages SG&A Costs Better?

SG&A Cost Management: Howmet vs. Snap-on

__timestampHowmet Aerospace Inc.Snap-on Incorporated
Wednesday, January 1, 20147700000001047900000
Thursday, January 1, 20157650000001009100000
Friday, January 1, 20169470000001001400000
Sunday, January 1, 20177310000001101300000
Monday, January 1, 20186040000001080700000
Tuesday, January 1, 20197040000001071500000
Wednesday, January 1, 20202770000001054800000
Friday, January 1, 20212510000001202300000
Saturday, January 1, 20222880000001181200000
Sunday, January 1, 20233430000001249000000
Monday, January 1, 20243620000000
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In pursuit of knowledge

Who Manages SG&A Costs Better: Howmet Aerospace Inc. or Snap-on Incorporated?

In the competitive landscape of corporate finance, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. From 2014 to 2023, Howmet Aerospace Inc. and Snap-on Incorporated have shown contrasting approaches to handling these costs. Howmet Aerospace Inc. has seen a significant reduction in SG&A expenses, dropping by approximately 55% from 2014 to 2023. This strategic cost management reflects their focus on operational efficiency. In contrast, Snap-on Incorporated's SG&A expenses have increased by about 19% over the same period, indicating a potential investment in growth and expansion strategies. The data reveals that while Howmet Aerospace Inc. has tightened its belt, Snap-on Incorporated might be leveraging its SG&A for strategic initiatives. Understanding these trends provides valuable insights into each company's financial strategy and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025