Ryanair Holdings plc and ITT Inc.: SG&A Spending Patterns Compared

SG&A Spending Patterns: Ryanair Holdings plc vs. ITT Inc.

In the ever-evolving landscape of corporate finance, understanding the nuances of Selling, General, and Administrative (SG&A) expenses is crucial. Over the past decade, Ryanair Holdings plc and ITT Inc. have showcased distinct spending patterns. From 2014 to 2023, Ryanair's SG&A expenses surged by approximately 250%, peaking in 2023 with a notable 67% increase from the previous year. In contrast, ITT Inc. experienced a more stable trajectory, with a modest 9% increase in 2023 compared to 2022. This divergence highlights Ryanair's aggressive expansion strategy, while ITT Inc. maintains a steady course. Notably, 2021 marked a dip for both companies, reflecting the global economic impact of the pandemic. As we look to 2024, Ryanair's data remains incomplete, leaving room for speculation on its future financial maneuvers.