Breaking Down SG&A Expenses: The Boeing Company vs Ryanair Holdings plc

A Tale of Two Giants: Boeing vs. Ryanair

In the world of aviation, understanding the financial dynamics of industry leaders like The Boeing Company and Ryanair Holdings plc is crucial. Over the past decade, from 2014 to 2024, these two giants have shown distinct trends in their Selling, General, and Administrative (SG&A) expenses. Boeing, a titan in aircraft manufacturing, consistently reported SG&A expenses that were approximately ten times higher than those of Ryanair, a leading low-cost airline. Notably, Boeing's expenses peaked in 2023, reaching a staggering 5.2 billion, while Ryanair's expenses saw a significant rise in 2024, marking a 292% increase from 2014. This divergence highlights the contrasting business models and operational scales of these companies. As the aviation industry evolves, monitoring such financial metrics provides valuable insights into strategic priorities and market positioning.