Who Optimizes SG&A Costs Better? Parker-Hannifin Corporation or AerCap Holdings N.V.

Optimizing SG&A Costs: A Tale of Two Giants

In the competitive landscape of industrial and financial sectors, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Parker-Hannifin Corporation and AerCap Holdings N.V. have been at the forefront of this challenge since 2014. Parker-Hannifin, a leader in motion and control technologies, has consistently maintained higher SG&A expenses, peaking at approximately $3.35 billion in 2023. This reflects their expansive operations and strategic investments. In contrast, AerCap Holdings, a global leader in aircraft leasing, has shown a more conservative approach, with SG&A expenses reaching around $464 million in 2023, marking a 55% increase from 2014. The data reveals Parker-Hannifin's aggressive growth strategy, while AerCap's leaner model suggests a focus on efficiency. Missing data for AerCap in 2024 indicates potential reporting delays or strategic shifts. As these giants navigate economic challenges, their SG&A strategies will be pivotal in shaping their financial futures.