Selling, General, and Administrative Costs: United Airlines Holdings, Inc. vs Carlisle Companies Incorporated

A Tale of Two Companies: SG&A Expenses Over Time

In the ever-evolving landscape of corporate America, understanding the financial health of companies is crucial. Selling, General, and Administrative (SG&A) expenses are a key indicator of operational efficiency. This analysis compares United Airlines Holdings, Inc. and Carlisle Companies Incorporated from 2014 to 2023.

United Airlines, a titan in the aviation industry, consistently reported higher SG&A expenses, peaking in 2023 with a 44% increase from 2020. This surge reflects the airline's strategic investments post-pandemic. Meanwhile, Carlisle Companies, a diversified manufacturer, saw a steady rise in SG&A costs, with a notable 114% increase from 2014 to 2022, before a slight dip in 2023.

This comparison highlights the contrasting financial strategies of a service-oriented airline and a manufacturing giant, offering insights into their operational priorities and market adaptations over the past decade.