Selling, General, and Administrative Costs: HEICO Corporation vs Owens Corning

A Tale of Two Giants: HEICO Corporation vs. Owens Corning

In the ever-evolving landscape of corporate finance, Selling, General, and Administrative (SG&A) expenses serve as a critical indicator of a company's operational efficiency. Over the past decade, HEICO Corporation and Owens Corning have showcased contrasting trajectories in their SG&A expenditures. From 2014 to 2023, HEICO's SG&A costs surged by approximately 250%, reflecting its aggressive expansion and strategic investments. In contrast, Owens Corning's expenses grew by about 70%, indicating a more measured approach to scaling operations.

Key Insights

• HEICO's Leap: By 2023, HEICO's SG&A expenses reached a peak, marking a significant increase from its 2014 baseline.
• Owens Corning's Steady Climb: Despite a consistent upward trend, Owens Corning's growth in SG&A expenses was more gradual.
• Data Gaps: Notably, 2024 data for Owens Corning is missing, leaving room for speculation on future trends.

This analysis underscores the diverse strategies employed by these industry leaders in managing operational costs.