Westinghouse Air Brake Technologies Corporation or ZTO Express (Cayman) Inc.: Who Manages SG&A Costs Better?

SG&A Cost Management: Westinghouse vs. ZTO Express

__timestampWestinghouse Air Brake Technologies CorporationZTO Express (Cayman) Inc.
Wednesday, January 1, 2014324539000534537000
Thursday, January 1, 2015319173000591738000
Friday, January 1, 2016327505000705995000
Sunday, January 1, 2017482852000780517000
Monday, January 1, 20185736440001210717000
Tuesday, January 1, 20199366000001546227000
Wednesday, January 1, 20208771000001663712000
Friday, January 1, 202110050000001875869000
Saturday, January 1, 202210200000002077372000
Sunday, January 1, 202311390000002425253000
Monday, January 1, 20241248000000
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Cracking the code

Managing SG&A Costs: A Tale of Two Companies

In the competitive landscape of the transportation industry, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Westinghouse Air Brake Technologies Corporation and ZTO Express (Cayman) Inc. have shown distinct approaches over the past decade. From 2014 to 2023, Westinghouse's SG&A expenses grew by approximately 250%, while ZTO Express saw a staggering increase of around 350%. Despite ZTO's higher growth rate, Westinghouse maintained a more consistent expense management, with a lower average annual increase. By 2023, ZTO's SG&A expenses were more than double those of Westinghouse, highlighting the challenges of rapid expansion. This data underscores the importance of strategic cost management in sustaining long-term growth and profitability. As investors and analysts evaluate these companies, understanding their SG&A trends offers valuable insights into their operational efficiency and financial health.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025