Cost Management Insights: SG&A Expenses for Westinghouse Air Brake Technologies Corporation and American Airlines Group Inc.

SG&A Expenses: A Decade of Strategic Cost Management

__timestampAmerican Airlines Group Inc.Westinghouse Air Brake Technologies Corporation
Wednesday, January 1, 20141544000000324539000
Thursday, January 1, 20151394000000319173000
Friday, January 1, 20161323000000327505000
Sunday, January 1, 20171477000000482852000
Monday, January 1, 20181520000000573644000
Tuesday, January 1, 20191602000000936600000
Wednesday, January 1, 2020513000000877100000
Friday, January 1, 202110980000001005000000
Saturday, January 1, 202218150000001020000000
Sunday, January 1, 202317990000001139000000
Monday, January 1, 20241248000000
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Cracking the code

Navigating Cost Management: A Tale of Two Giants

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 titans: Westinghouse Air Brake Technologies Corporation and American Airlines Group Inc., from 2014 to 2023.

American Airlines, a leader in the aviation sector, saw its SG&A expenses fluctuate significantly, with a notable dip in 2020, likely due to the pandemic's impact, reducing costs by approximately 68%. However, by 2022, expenses soared to their peak, reflecting a robust recovery.

Conversely, Westinghouse Air Brake Technologies, a key player in the transportation industry, exhibited a steady increase in SG&A expenses, peaking in 2023 with a 250% rise from 2014. This trend underscores the company's strategic investments in growth and innovation.

Understanding these trends offers valuable insights into the financial strategies of these corporations, highlighting the dynamic nature of cost management in different sectors.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025