Cost Management Insights: SG&A Expenses for Old Dominion Freight Line, Inc. and Curtiss-Wright Corporation

Navigating Cost Management: A Tale of Two Corporations

In the ever-evolving landscape of corporate finance, effective cost management is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two industry giants: Curtiss-Wright Corporation and Old Dominion Freight Line, Inc., from 2014 to 2023.

Curtiss-Wright Corporation, a leader in engineering solutions, has seen its SG&A expenses grow by approximately 17% over the decade, peaking in 2023. Meanwhile, Old Dominion Freight Line, Inc., a prominent player in the freight industry, experienced a remarkable 94% increase in SG&A expenses during the same period. This surge reflects strategic investments in operational efficiency and market expansion.

Understanding these trends offers valuable insights into how these companies navigate financial challenges and opportunities, providing a roadmap for other businesses aiming to optimize their cost structures in a competitive market.