Operational Costs Compared: SG&A Analysis of Lennox International Inc. and ZTO Express (Cayman) Inc.

SG&A Expenses: Lennox vs. ZTO - A Decade of Change

__timestampLennox International Inc.ZTO Express (Cayman) Inc.
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Tuesday, January 1, 20195859000001546227000
Wednesday, January 1, 20205559000001663712000
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Igniting the spark of knowledge

A Comparative Analysis of SG&A Expenses: Lennox International Inc. vs. ZTO Express

In the ever-evolving landscape of global business, operational efficiency is paramount. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two industry giants: Lennox International Inc., a leader in climate control solutions, and ZTO Express (Cayman) Inc., a major player in the logistics sector. From 2014 to 2023, Lennox International's SG&A expenses have shown a steady increase, peaking at approximately 730 million in 2023, marking a 27% rise over the decade. In contrast, ZTO Express has experienced a more dramatic surge, with expenses soaring by over 350% to reach around 2.4 billion in 2023. This stark difference highlights the varying operational strategies and market dynamics faced by these companies. Notably, data for 2024 is incomplete, offering a glimpse into the challenges of forecasting in a rapidly changing economic environment.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025