Operational Costs Compared: SG&A Analysis of Expeditors International of Washington, Inc. and CNH Industrial N.V.

A Decade of SG&A: A Tale of Two Giants

In the world of logistics and industrial manufacturing, operational efficiency is key. Over the past decade, Expeditors International of Washington, Inc. and CNH Industrial N.V. have showcased contrasting trends in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, CNH Industrial N.V. saw a significant reduction in SG&A expenses, dropping by approximately 36% from its peak in 2014. This reflects a strategic shift towards leaner operations. Meanwhile, Expeditors International maintained a relatively stable SG&A expense, with a slight decrease of about 27% from 2014 to 2023. This stability suggests a consistent approach to managing operational costs despite market fluctuations. As these companies navigate the complexities of their respective industries, their SG&A trends offer valuable insights into their operational strategies and financial health.