Selling, General, and Administrative Costs: ZTO Express (Cayman) Inc. vs Textron Inc.

A Tale of Two Companies: SG&A Expenses Over Time

In the ever-evolving landscape of global business, understanding the financial health of companies is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two industry giants: ZTO Express (Cayman) Inc. and Textron Inc., from 2014 to 2023.

Key Insights

Textron Inc., a leader in the aerospace and defense sector, has seen its SG&A expenses fluctuate, peaking in 2024 with a staggering 10-fold increase compared to previous years. Meanwhile, ZTO Express, a major player in the logistics industry, has consistently increased its SG&A expenses, growing by over 350% from 2014 to 2023. This growth reflects ZTO's aggressive expansion strategy in the competitive logistics market.

Conclusion

While Textron's expenses show volatility, ZTO's steady rise highlights its commitment to scaling operations. Missing data for 2024 suggests further analysis is needed to understand future trends.