Cost Management Insights: SG&A Expenses for Ryanair Holdings plc and CNH Industrial N.V.

Navigating Cost Management: A Tale of Two Giants

In the ever-evolving landscape of global business, effective cost management is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two industry titans: Ryanair Holdings plc and CNH Industrial N.V., from 2014 to 2023.

Ryanair Holdings plc

Ryanair, a leader in the low-cost airline sector, has seen its SG&A expenses grow by approximately 292% over the decade, peaking at €757 million in 2024. This increase reflects strategic investments in customer service and operational efficiency, despite the challenges posed by the pandemic.

CNH Industrial N.V.

Conversely, CNH Industrial, a powerhouse in capital goods, experienced a 36% reduction in SG&A expenses, from €2.9 billion in 2014 to €1.9 billion in 2023. This decline underscores the company's commitment to streamlining operations and enhancing profitability.

The data reveals a stark contrast in cost management strategies, offering valuable insights for investors and industry analysts alike.