SG&A Efficiency Analysis: Comparing Waste Management, Inc. and AerCap Holdings N.V.

SG&A Efficiency: A Tale of Two Companies

In the world of corporate finance, Selling, General, and Administrative (SG&A) expenses are a critical measure of operational efficiency. This analysis compares the SG&A efficiency of Waste Management, Inc. and AerCap Holdings N.V. over a decade, from 2014 to 2023.

Waste Management, Inc.

Waste Management, Inc. consistently demonstrated robust SG&A management, with expenses peaking at approximately $1.93 billion in 2022. This represents a steady increase of about 30% from 2014, reflecting strategic investments in operational efficiency.

AerCap Holdings N.V.

AerCap Holdings N.V., on the other hand, showed a more volatile SG&A trend. Starting at around $300 million in 2014, their expenses surged by over 50% to reach nearly $464 million in 2023. This fluctuation highlights the dynamic nature of the aviation leasing industry.

Both companies illustrate distinct approaches to managing SG&A expenses, offering valuable insights into their operational strategies.