Selling, General, and Administrative Costs: Ryanair Holdings plc vs Expeditors International of Washington, Inc.

A Tale of Two Giants: Ryanair vs. Expeditors International

In the ever-evolving landscape of global business, understanding the financial dynamics of industry leaders is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two prominent companies: Ryanair Holdings plc and Expeditors International of Washington, Inc., from 2014 to 2023.

Ryanair, Europe's largest low-cost airline, has seen its SG&A expenses soar by approximately 250% over the decade, peaking at an impressive €757 million in 2023. This growth reflects its aggressive expansion strategy and increased operational scale. In contrast, Expeditors International, a leader in logistics and freight forwarding, experienced a more modest fluctuation, with expenses peaking at around $45 million in 2018 before a notable dip in 2020.

The data highlights Ryanair's robust growth trajectory, while Expeditors' stable financial management underscores its resilience in a volatile market. Missing data for 2024 suggests a need for cautious interpretation.