Operational Costs Compared: SG&A Analysis of XPO Logistics, Inc. and ITT Inc.

A Decade of SG&A: XPO Logistics vs. ITT Inc.

In the ever-evolving landscape of logistics and manufacturing, operational efficiency is key. Over the past decade, XPO Logistics, Inc. and ITT Inc. have showcased contrasting trends in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, XPO Logistics saw a dramatic rise in SG&A expenses, peaking in 2020 with a staggering 2.17 billion dollars, before plummeting to 167 million dollars in 2023. This represents a remarkable 92% decrease in just three years. Meanwhile, ITT Inc. maintained a more stable trajectory, with expenses fluctuating modestly around an average of 424 million dollars. Notably, ITT's expenses in 2023 were 37% higher than their 2020 low. These trends highlight the dynamic nature of operational costs in different sectors, offering valuable insights for investors and industry analysts alike.