Selling, General, and Administrative Costs: PACCAR Inc vs United Airlines Holdings, Inc.

A Tale of Two Giants: PACCAR Inc vs United Airlines Holdings, Inc.

In the world of corporate finance, Selling, General, and Administrative (SG&A) expenses are a critical measure of operational efficiency. Over the past decade, PACCAR Inc and United Airlines Holdings, Inc. have showcased contrasting trends in their SG&A expenses. From 2014 to 2023, PACCAR Inc's expenses have seen a steady increase, peaking in 2023 with a 40% rise from 2014. In contrast, United Airlines experienced a dramatic dip in 2020, with expenses plummeting by 66% due to the pandemic's impact on the airline industry. However, by 2023, United Airlines rebounded, with expenses soaring to nearly 45% above their 2014 levels. This data highlights the resilience and adaptability of these industry leaders, each navigating their unique challenges and opportunities. Missing data for 2024 suggests ongoing adjustments, leaving room for speculation on future trends.