Who Optimizes SG&A Costs Better? Delta Air Lines, Inc. or U-Haul Holding Company

Optimizing SG&A Costs: A Tale of Two Companies

In the competitive world of business, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Delta Air Lines, Inc. and U-Haul Holding Company, two giants in their respective industries, have shown contrasting trends in SG&A optimization over the past decade.

From 2014 to 2024, Delta Air Lines experienced a significant fluctuation in SG&A expenses, peaking in 2019 with a 30% increase from 2014, followed by a sharp decline in 2020. This volatility reflects the airline industry's sensitivity to external factors like fuel prices and global events.

Conversely, U-Haul Holding Company maintained a more stable SG&A trajectory, with a modest 15% decrease over the same period. This stability highlights U-Haul's consistent cost management strategies, crucial for a company reliant on steady consumer demand.

Understanding these trends offers valuable insights into how different industries navigate financial challenges.