The Boeing Company or Owens Corning: Who Manages SG&A Costs Better?

Managing SG&A Costs: Boeing vs. Owens Corning

In the competitive world of corporate finance, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, Owens Corning and The Boeing Company have demonstrated contrasting approaches to handling these costs. From 2014 to 2023, Owens Corning's SG&A expenses increased by approximately 71%, reflecting a steady growth in operational scale. In contrast, Boeing's SG&A expenses fluctuated, peaking in 2023 with a 37% increase from 2014, highlighting the challenges faced by the aerospace giant.

While Owens Corning's expenses grew consistently, Boeing's expenses showed volatility, particularly during the pandemic years. This suggests that Owens Corning may have a more stable cost management strategy. However, Boeing's larger scale and industry-specific challenges, such as supply chain disruptions, may account for its higher SG&A costs. As we look to the future, these trends offer valuable insights into each company's financial strategies.