3M Company vs United Airlines Holdings, Inc.: SG&A Expense Trends

SG&A Expense Trends: 3M Company vs United Airlines Holdings, Inc.

In the ever-evolving landscape of corporate finance, understanding the trends in Selling, General, and Administrative (SG&A) expenses is crucial for investors and analysts alike. Over the past decade, 3M Company and United Airlines Holdings, Inc. have showcased contrasting trajectories in their SG&A expenses.

From 2014 to 2023, 3M's SG&A expenses have seen a significant increase, peaking in 2023 with a staggering 166% rise compared to 2014. This upward trend reflects 3M's strategic investments in innovation and market expansion. In contrast, United Airlines experienced a more volatile pattern, with a notable dip in 2020, likely due to the pandemic's impact on the airline industry. However, by 2023, United Airlines managed to recover, showing a 44% increase from its 2020 low.

These insights highlight the dynamic nature of SG&A expenses and their implications for corporate strategy and financial health.