Comparing SG&A Expenses: United Airlines Holdings, Inc. vs Curtiss-Wright Corporation Trends and Insights

SG&A Expenses: A Tale of Two Industries

In the ever-evolving landscape of corporate finance, Selling, General, and Administrative (SG&A) expenses serve as a critical indicator of operational efficiency. This analysis juxtaposes the SG&A trends of United Airlines Holdings, Inc. and Curtiss-Wright Corporation from 2014 to 2023.

United Airlines Holdings, Inc.

United Airlines, a titan in the aviation industry, witnessed a fluctuating SG&A trajectory. Notably, 2020 marked a significant dip, with expenses plummeting to just 35% of the previous year's figures, reflecting the pandemic's impact. However, by 2023, United Airlines rebounded, with SG&A expenses soaring by 330% from 2020, underscoring a robust recovery.

Curtiss-Wright Corporation

In contrast, Curtiss-Wright, a leader in engineering solutions, maintained a more stable SG&A pattern. From 2014 to 2023, their expenses grew by approximately 16%, highlighting consistent operational management. The peak in 2023, with a 14% increase from 2022, suggests strategic investments in growth.

This comparative analysis offers a window into how different industries navigate financial challenges and opportunities.