Hubbell Incorporated 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 Hubbell Incorporated, a stalwart in the electrical products industry, and American Airlines Group Inc., a titan of the aviation sector, from 2014 to 2023.

Key Insights

Over the past decade, American Airlines has seen its SG&A expenses fluctuate significantly, 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, marking a 250% increase from the 2020 low. In contrast, Hubbell Incorporated's SG&A expenses have shown a steady upward trend, culminating in an impressive 43% increase over the same period, reaching 848 million in 2023.

This comparison highlights the resilience and adaptability of these companies in their respective industries.