AMETEK, Inc. or ZTO Express (Cayman) Inc.: Who Manages SG&A Costs Better?

Who Manages SG&A Costs Better: AMETEK, Inc. or ZTO Express?

In the competitive landscape of global business, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. From 2014 to 2023, AMETEK, Inc. and ZTO Express (Cayman) Inc. have shown distinct strategies in handling these costs. AMETEK, Inc. maintained a steady increase in SG&A expenses, growing approximately 46% over the decade. In contrast, ZTO Express saw a staggering 354% rise, reflecting its rapid expansion in the logistics sector.

While AMETEK's approach suggests a focus on controlled growth, ZTO's significant increase indicates aggressive scaling. By 2023, ZTO's SG&A expenses were nearly 3.6 times higher than AMETEK's, highlighting different operational strategies. This comparison offers valuable insights into how companies in diverse industries manage their operational costs, impacting their bottom line and market positioning.