Operational Costs Compared: SG&A Analysis of The Boeing Company and Booz Allen Hamilton Holding Corporation

A Decade of SG&A: Boeing vs. Booz Allen Hamilton

In the ever-evolving landscape of corporate America, operational efficiency is paramount. Over the past decade, from 2014 to 2023, The Boeing Company and Booz Allen Hamilton Holding Corporation have showcased contrasting trends in their Selling, General, and Administrative (SG&A) expenses. Boeing, a titan in aerospace, saw its SG&A expenses rise by approximately 37% over this period, peaking in 2023. In contrast, Booz Allen Hamilton, a leader in management consulting, experienced a more modest increase of around 95%, with a notable dip in 2024. This divergence highlights the distinct operational strategies of these industry giants. While Boeing's expenses reflect its expansive global operations, Booz Allen's fluctuations may indicate strategic shifts in response to market demands. As we look to the future, understanding these trends offers valuable insights into the financial health and strategic priorities of these corporations.