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

SG&A Efficiency: A Tale of Two Companies

In the ever-evolving landscape of corporate finance, understanding the efficiency of Selling, General, and Administrative (SG&A) expenses is crucial. This analysis compares Howmet Aerospace Inc. and Waste Connections, Inc. over a decade, from 2014 to 2023.

Howmet Aerospace Inc.

Howmet Aerospace Inc. has seen a significant reduction in SG&A expenses, dropping from approximately 770 million in 2014 to 343 million in 2023. This represents a remarkable 55% decrease, highlighting the company's strategic focus on cost efficiency.

Waste Connections, Inc.

Conversely, Waste Connections, Inc. has experienced a steady increase in SG&A expenses, rising from around 229 million in 2014 to nearly 799 million in 2023, a 250% increase. This growth reflects the company's expansion and investment in administrative capabilities.

This comparative analysis underscores the diverse strategies companies employ in managing operational costs, offering valuable insights for investors and industry analysts.