SG&A Efficiency Analysis: Comparing Ryanair Holdings plc and Curtiss-Wright Corporation

SG&A Efficiency: A Tale of Two Companies

In the competitive world of corporate finance, understanding the efficiency of Selling, General, and Administrative (SG&A) expenses is crucial. This analysis compares Ryanair Holdings plc and Curtiss-Wright Corporation from 2014 to 2023. Over this period, Ryanair's SG&A expenses surged by approximately 250%, peaking in 2023. In contrast, Curtiss-Wright's expenses grew by about 17%, reflecting a more stable trajectory.

Key Insights

Ryanair's fluctuating SG&A expenses, with a notable dip in 2021, suggest strategic shifts or market challenges. Meanwhile, Curtiss-Wright's consistent expense management highlights its operational stability. The absence of data for Curtiss-Wright in 2024 suggests a need for further investigation. This comparison underscores the importance of efficient SG&A management in maintaining competitive advantage and profitability.