Selling, General, and Administrative Costs: The Boeing Company vs AMETEK, Inc.

A Tale of Two Giants: Boeing vs. AMETEK in SG&A Costs

In the world of aerospace and electronics, The Boeing Company and AMETEK, Inc. stand as titans. Over the past decade, their Selling, General, and Administrative (SG&A) expenses have painted a vivid picture of their operational strategies. From 2014 to 2023, Boeing's SG&A costs have consistently dwarfed those of AMETEK, averaging around 4.3 billion annually, compared to AMETEK's 554 million. This disparity highlights Boeing's expansive global operations and complex supply chains. Notably, 2023 saw Boeing's SG&A expenses peak at 5.2 billion, a 38% increase from 2015, reflecting its post-pandemic recovery efforts. Meanwhile, AMETEK's expenses grew by 51% over the same period, reaching 677 million, showcasing its strategic investments in innovation and market expansion. As we look to 2024, Boeing's data remains incomplete, leaving room for speculation on its future financial maneuvers.