A Tale of Two Giants: SG&A Expenses in Aerospace and Home Improvement

In the ever-evolving landscape of corporate finance, Selling, General, and Administrative (SG&A) expenses serve as a crucial indicator of a company's operational efficiency. This analysis juxtaposes Howmet Aerospace Inc. and Masco Corporation, two industry titans, over a decade from 2014 to 2023.

Howmet Aerospace Inc.

Howmet Aerospace, a leader in aerospace manufacturing, saw its SG&A expenses peak in 2016, reaching nearly 950 million. However, by 2023, these costs had plummeted by over 60%, reflecting strategic cost-cutting measures and operational streamlining.

Masco Corporation

Conversely, Masco Corporation, a home improvement giant, maintained a relatively stable SG&A expense profile. Despite minor fluctuations, Masco's expenses hovered around 1.4 billion, showcasing consistent investment in administrative and sales functions.

This comparative analysis highlights the contrasting financial strategies of two major players in distinct industries, offering valuable insights for investors and analysts alike.