SG&A Expense Trends: A Tale of Two Giants

In the ever-evolving landscape of global commerce, the Selling, General, and Administrative (SG&A) expenses of companies offer a window into their operational strategies. Over the past decade, Global Payments Inc. and China Eastern Airlines Corporation Limited have showcased contrasting trends in their SG&A expenses.

A Decade of Change

From 2014 to 2023, China Eastern Airlines experienced a rollercoaster in SG&A expenses, peaking in 2023 with a staggering 107% increase from its 2020 low. This surge reflects the airline's strategic investments in post-pandemic recovery and expansion. In contrast, Global Payments Inc. demonstrated a steady upward trajectory, with a 214% rise over the same period, highlighting its aggressive growth and market penetration strategies.

Strategic Insights

These trends underscore the dynamic nature of corporate strategies in response to global economic shifts. As businesses navigate the complexities of the modern market, understanding these expense patterns is crucial for investors and analysts alike.