SG&A Efficiency Analysis: Comparing Delta Air Lines, Inc. and Old Dominion Freight Line, Inc.

SG&A Efficiency: Delta vs. Old Dominion

__timestampDelta Air Lines, Inc.Old Dominion Freight Line, Inc.
Wednesday, January 1, 20142785000000144817000
Thursday, January 1, 20153162000000153589000
Friday, January 1, 20162825000000152391000
Sunday, January 1, 20172892000000177205000
Monday, January 1, 20183242000000194368000
Tuesday, January 1, 20193636000000206125000
Wednesday, January 1, 2020582000000184185000
Friday, January 1, 20211061000000223757000
Saturday, January 1, 20222454000000258883000
Sunday, January 1, 20232334000000281053000
Monday, January 1, 20242485000000
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Cracking the code

SG&A Efficiency: A Tale of Two Giants

In the competitive world of transportation, understanding operational efficiency is crucial. Delta Air Lines, Inc. and Old Dominion Freight Line, Inc. offer a fascinating comparison in their Selling, General, and Administrative (SG&A) expenses over the past decade. From 2014 to 2023, Delta's SG&A expenses fluctuated, peaking in 2019 before a significant drop in 2020, likely due to the pandemic's impact. By 2023, Delta's expenses had stabilized, showing a 36% decrease from their 2019 peak.

Conversely, Old Dominion's SG&A expenses have shown a steady upward trend, increasing by approximately 94% from 2014 to 2023. This growth reflects the company's expansion and operational scaling. Notably, data for 2024 is incomplete, highlighting the dynamic nature of financial reporting. This analysis underscores the importance of strategic cost management in maintaining competitive advantage in the transportation sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025