United Airlines Holdings, Inc. or Graco Inc.: Who Manages SG&A Costs Better?

Who Manages SG&A Costs Better: United Airlines or Graco?

In the competitive world of corporate finance, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. From 2014 to 2023, Graco Inc. consistently demonstrated a more stable approach to SG&A costs, with an average annual expense of approximately $380 million. In contrast, United Airlines Holdings, Inc. faced more volatility, with expenses ranging from $459 million in 2020 to nearly $2 billion in 2023.

Graco's SG&A expenses grew by about 53% over the decade, reflecting a steady and controlled increase. Meanwhile, United Airlines experienced a dramatic 330% rise in SG&A costs, highlighting the challenges faced by the airline industry, especially during the pandemic years. This data underscores the importance of strategic cost management in different sectors, with Graco showcasing a more consistent approach compared to the fluctuating expenses of United Airlines.