Parker-Hannifin Corporation vs China Eastern Airlines Corporation Limited: SG&A Expense Trends

SG&A Expense Trends: A Tale of Two Corporations

In the ever-evolving landscape of global business, understanding the financial strategies of industry giants is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Parker-Hannifin Corporation and China Eastern Airlines Corporation Limited from 2014 to 2023.

Parker-Hannifin Corporation

Parker-Hannifin, a leader in motion and control technologies, has shown a steady increase in SG&A expenses, peaking in 2023 with a 105% rise compared to 2014. This growth reflects strategic investments in innovation and market expansion.

China Eastern Airlines Corporation Limited

Conversely, China Eastern Airlines experienced a volatile SG&A trend, with a significant dip in 2020, likely due to the pandemic's impact on the aviation industry. However, by 2023, their expenses surged by 75% from 2014, indicating a robust recovery and expansion strategy.

This comparative analysis highlights the diverse financial strategies employed by these corporations in response to global economic shifts.