Optimizing SG&A Costs: A Tale of Two Companies

In the competitive world of business, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Delta Air Lines, Inc. and Pool Corporation, two giants in their respective industries, have shown contrasting trends in SG&A optimization over the past decade.

Delta Air Lines, Inc.

From 2014 to 2023, Delta Air Lines experienced a significant fluctuation in SG&A expenses. Notably, 2020 marked a dramatic drop to approximately 20% of its 2019 levels, likely due to the pandemic's impact on the airline industry. However, by 2023, Delta's SG&A expenses rebounded to around 65% of its 2019 peak.

Pool Corporation

In contrast, Pool Corporation's SG&A expenses have steadily increased, rising by nearly 100% from 2014 to 2023. This consistent growth reflects the company's expansion and market adaptation.

While Delta's expenses show volatility, Pool Corporation's steady rise suggests a strategic investment in growth, albeit with some missing data for 2024.