SG&A Efficiency Analysis: Comparing Howmet Aerospace Inc. and Saia, Inc.

SG&A Efficiency: A Tale of Two Companies

In the competitive landscape of aerospace and logistics, Howmet Aerospace Inc. and Saia, Inc. present a fascinating study in SG&A efficiency from 2014 to 2023. Howmet Aerospace, a leader in advanced engineering solutions, saw its SG&A expenses peak in 2016, reaching nearly 947 million, before a significant reduction to approximately 343 million by 2023. This represents a remarkable 64% decrease, highlighting strategic cost management.

Conversely, Saia, Inc., a prominent player in the logistics sector, experienced a steady increase in SG&A expenses, growing from around 27 million in 2015 to nearly 68 million in 2023, marking a 152% rise. This growth reflects Saia's expansion and investment in operational capabilities.

These trends underscore the distinct strategic paths of these companies, offering valuable insights into their operational priorities and market positioning.