A Decade of SG&A: Southwest Airlines Co. vs. RB Global, Inc.

In the ever-evolving landscape of corporate finance, Selling, General, and Administrative (SG&A) expenses serve as a critical indicator of a company's operational efficiency. Over the past decade, Southwest Airlines Co. and RB Global, Inc. have showcased contrasting trajectories in their SG&A expenditures.

From 2014 to 2023, Southwest Airlines Co. experienced a staggering 1,830% increase in SG&A expenses, peaking in 2023. This surge reflects the airline's strategic investments in customer service and operational expansion. In contrast, RB Global, Inc. maintained a more conservative growth of 200% in the same period, highlighting its focus on cost control and efficiency.

The year 2020 marked a significant dip for Southwest, with expenses dropping by 36% due to the pandemic's impact. However, by 2023, both companies reached their highest SG&A levels, underscoring their resilience and adaptability in a post-pandemic world.