SG&A Efficiency Analysis: Comparing RTX Corporation and Elbit Systems Ltd.

SG&A Efficiency: A Tale of Two Giants

In the competitive landscape of defense and aerospace, understanding the efficiency of Selling, General, and Administrative (SG&A) expenses is crucial. Over the past decade, RTX Corporation and Elbit Systems Ltd. have showcased contrasting trends in their SG&A expenditures. From 2014 to 2023, RTX Corporation's SG&A expenses have fluctuated, peaking in 2019 and then declining by approximately 53% by 2023. In contrast, Elbit Systems Ltd. has seen a steady increase, with a notable 95% rise over the same period. This divergence highlights differing strategic approaches: while RTX may be optimizing costs, Elbit is potentially investing in growth. The data for 2024 is incomplete, leaving room for speculation on future trends. As these industry leaders navigate economic challenges, their SG&A strategies will be pivotal in maintaining competitive advantage.