SG&A Benchmarks - Transportation, Communications, Utilities Sector Market Research Report 2025

Companies Mentioned

• Adeia Inc.
• Aes Corp
• Air T Inc
• Air Transport Services Group, Inc.
• Alaska Air Group, Inc.
• Algonquin Power & Utilities Corp.
• Allegiant Travel CO
• Allete Inc
• Altus Power, Inc.
• Ambipar Emergency Response
• AMC Networks Inc.
• America Movil Sab De Cv/
• American Airlines Group Inc.
• American States Water Co
• Anghami Inc
• Angkasa-X Holdings Corp.
• Antelope Enterprise Holdings Ltd
• Anterix Inc.
• Antero Midstream Corp
• Apollo Infrastructure Co LLC
• Archrock, Inc.
• Ardmore Shipping Corp
• Arena Group Holdings, Inc.
• Armlogi Holding Corp.
• At&T Inc.
• Atlas Corp.
• Atmos Energy Corp
• ATN International, Inc.
• Audacy, Inc.
• Avalon Holdings Corp
• Azul Sa
• Beasley Broadcast Group Inc
• BEST Inc.
• Blade Air Mobility, Inc.
• Boardwalk Pipeline Partners, LP
• Booking Holdings Inc.
• Brinks Co
• Bristow Group Inc.
• Burlington Northern Santa Fe, Llc
• BuzzFeed, Inc.
• C. H. Robinson Worldwide, Inc.
• C3is Inc.
• Cable One, Inc.
• Cadeler A/S
• Cadiz Inc
• California Water Service Group
• Calix, Inc
• Canadian National Railway Co
• Canadian Pacific Kansas City Ltd/CN
• Capital Clean Energy Carriers Corp.
• Carnival Corp
• Casella Waste Systems Inc
• Castor Maritime Inc.
• CDT Environmental Technology Investment Holdings Ltd
• Central North Airport Group
• Centuri Holdings, Inc.
• Cheniere Energy Partners, L.P.
• Cheniere Energy, Inc.
• Chunghwa Telecom Co Ltd
• Cincinnati Bell Inc
• Clean Energy Fuels Corp.
• Clean Energy Technologies, Inc.
• Clean Harbors Inc
• Cleartronic, Inc.
• Clearway Energy LLC
• Clearway Energy, Inc.
• Cmb.Tech Nv
• Cogent Communications Holdings, Inc.
• Comcast Corp
• Consolidated Communications Holdings, Inc.
• Consolidated Water Co. Ltd.
• Controladora Vuela Compania de Aviacion, S.A.B. de C.V.
• Cool Co Ltd.
• Copa Holdings, S.A.
• Corporacion America Airports S.A.
• Costamare Inc.
• Covenant Logistics Group, Inc.
• Crexendo, Inc.
• Csx Corp
• Cumulus Media Inc
• Danaos Corp
• Daseke, Inc.
• Decent Holding Inc.
• Deep Green Waste & Recycling, Inc.
• Delek Logistics Partners, LP
• Delta Air Lines, Inc.
• Despegar.com, Corp.
• DHT Holdings, Inc.
• Diana Shipping Inc.
• Dish Dbs Corp
• DISH Network CORP
• Dorian Lpg Ltd.
• Dynagas LNG Partners LP
• E.W. SCRIPPS Co
• Eagle Bulk Shipping Inc.
• EchoStar CORP
• Ellomay Capital Ltd.
• Enbridge Inc
• Energy Co Of Minas Gerais
• Energy Transfer LP
• Enlight Renewable Energy Ltd.
• EnLink Midstream, LLC
• Enterprise Products Partners L.P.
• Entravision Communications Corp
• Equitrans Midstream Corp
• EuroDry Ltd.
• Euroseas Ltd.
• Excelerate Energy, Inc.
• Expedia Group, Inc.
• Expeditors International Of Washington Inc
• Fedex Corp
• Flex LNG Ltd.
• Flyexclusive Inc.
• Forward Air Corp
• Fox Corp
• Freight Technologies, Inc.
• Freightos Ltd
• Frontier Communications Parent, Inc.
• Frontier Group Holdings, Inc.
• Frontline plc
• FTAI Infrastructure Inc.
• Fullnet Communications Inc
• GasLog Ltd.
• GasLog Partners LP
• Gatx Corp
• Genco Shipping & Trading Ltd
• Genesis Energy Lp
• Genie Energy Ltd.
• GFL Environmental Inc.
• Global Business Travel Group, Inc.
• Global Crossing Airlines Group Inc.
• Global Ship Lease, Inc.
• Global Water Resources, Inc.
• Globalstar, Inc.
• Globavend Holdings Ltd
• Globus Maritime Ltd
• Gogo Inc.
• Gol Intelligent Airlines Inc.
• Golar Lng Ltd
• Golden Ocean Group Ltd
• Gray Media, Inc
• Greenbacker Renewable Energy Co LLC
• Grindrod Shipping Holdings Ltd.
• Grupo Televisa, S.A.B.
• Grupo Tmm Sab
• GXO Logistics, Inc.
• Hallador Energy Co
• Hammer Fiber Optics Holdings Corp
• Hawaiian Holdings Inc
• Heartland Express Inc
• Heliogen, Inc.
• HF Sinclair Corp
• High Wire Networks, Inc.
• Himalaya Shipping Ltd.
• Hub Group, Inc.
• Hunt J B Transport Services Inc
• Idt Corp
• iHeartMedia, Inc.
• Imperial Petroleum Inc./Marshall Islands
• International Seaways, Inc.
• Internet Sciences Inc.
• iQSTEL Inc
• ITC Holdings Corp.
• Jacksam Corp
• Jayud Global Logistics Ltd
• Jet.AI Inc.
• Jetblue Airways Corp
• Kenon Holdings Ltd.
• Kinder Morgan, Inc.
• Kinetik Holdings Inc.
• Kirby Corp
• Knight-Swift Transportation Holdings Inc.
• KNOT Offshore Partners LP
• Kodiak Gas Services, Inc.
• KonaTel, Inc.
• KORE Group Holdings, Inc.
• Korea Electric Power Corp
• Kuber Resources Corp
• Lakeside Holding Ltd
• Landstar System Inc
• Latam Airlines Group S.A.
• Level 3 Parent, LLC
• Liberty Broadband Corp
• Liberty Global Ltd.
• Liberty Media Corp
• Li-Cycle Holdings Corp.
• Lindblad Expeditions Holdings, Inc.
• Lumen Technologies, Inc.
• Maitong Sunshine Cultural Development Co., Ltd
• MakeMyTrip Ltd
• Marten Transport Ltd
• Matson, Inc.
• MediXall Group, Inc.
• Meiwu Technology Co Ltd
• Mesa Air Group Inc
• Middlesex Water Co
• MingZhu Logistics Holdings Ltd
• ModivCare Inc
• Mondee Holdings, Inc.
• Montauk Renewables, Inc.
• Mplx Lp
• Navigator Holdings Ltd.
• Navios Maritime Partners L.P.
• Navios South American Logistics Inc.
• NCL CORP Ltd.
• New Century Logistics (BVI) Ltd
• New Fortress Energy Inc.
• Nexstar Media Group, Inc.
• NextPlat Corp
• NextTrip, Inc.
• NGL Energy Partners LP
• NORDIC AMERICAN TANKERS Ltd
• Norfolk Southern Corp
• Northwest Pipeline Llc
• NorthWestern Energy Group, Inc.
• Norwegian Cruise Line Holdings Ltd.
• Nrg Energy, Inc.
• NuStar Energy L.P.
• Nuvera Communications, Inc.
• OceanPal Inc.
• Oge Energy Corp.
• Okeanis Eco Tankers Corp.
• Old Dominion Electric Cooperative
• Old Dominion Freight Line, Inc.
• OPAL Fuels Inc.
• Ormat Technologies, Inc.
• Otter Tail Corp
• Overseas Shipholding Group Inc
• Pampa Energy Inc.
• Pamt Corp
• Pangaea Logistics Solutions Ltd.
• Paramount Global
• Patriot Transportation Holding, Inc.
• Performance Shipping Inc.
• Perma Fix Environmental Services Inc
• Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk
• Phoenix New Media Ltd
• Pinnacle West Capital Corp
• Plains All American Pipeline Lp
• Plains Gp Holdings Lp
• Portland General Electric Co /OR/
• Proficient Auto Logistics, Inc
• Pure Cycle Corp
• Pyxis Tankers Inc.
• Quest Resource Holding Corp
• Qwest Corp
• Radiant Logistics, Inc
• Remark Holdings, Inc.
• Republic Services, Inc.
• Roku, Inc
• Royal Caribbean Cruises Ltd
• RXO, Inc.
• Ryanair Holdings Plc
• Sabine Pass Liquefaction, LLC
• Safe Bulkers, Inc.
• Saga Communications Inc
• Saia Inc
• Saker Aviation Services, Inc.
• Schneider National, Inc.
• Scorpio Tankers Inc.
• SEACOR Marine Holdings Inc.
• Seanergy Maritime Holdings Corp.
• Seapeak LLC
• SFL Corp Ltd.
• Shenandoah Telecommunications Co/VA/
• SHENGFENG DEVELOPMENT Ltd
• Sidus Space Inc.
• Sinclair, Inc.
• Singularity Future Technology Ltd.
• Sirius Xm Holdings Inc.
• Siyata Mobile Inc.
• Sjw Group
• Sk Telecom Co Ltd
• Sky Quarry Inc.
• Skywest Inc
• SolarBank Corp
• Southeast Airport Group
• Southwest Airlines Co
• Spire Global, Inc.
• Spirit Aviation Holdings, Inc.
• Spok Holdings, Inc
• Spotify Technology S.A.
• Spruce Power Holding Corp
• Stabilis Solutions, Inc.
• Star Bulk Carriers Corp.
• StealthGas Inc.
• Stericycle Inc
• Strategic Environmental & Energy Resources, Inc.
• Summit Midstream Corp
• Summit Midstream Partners, LP
• Sun Country Airlines Holdings, Inc.
• Sunnova Energy International Inc.
• Surf Air Mobility Inc.
• SurgePays, Inc.
• SusGlobal Energy Corp.
• Talen Energy Corp
• Targa Resources Corp.
• Tc Energy Corp
• TechTarget Holdings Inc.
• Teekay Corp Ltd
• Teekay Tankers Ltd.
• Tegna Inc
• Telefonica Brasil S.A.
• Telephone & Data Systems Inc /DE/
• Tencent Music Entertainment Group
• Tidewater Inc
• Tim S.A.
• T-Mobile US, Inc.
• Top Ships Inc.
• Toppoint Holdings Inc.
• TORM plc
• Toro Corp.
• Townsquare Media, Inc.
• Tpt Global Tech, Inc.
• Transalta Corp
• Transcontinental Gas Pipe Line Company, Llc
• TransMontaigne Partners LLC
• Tri-State Generation & Transmission Association, Inc.
• Tsakos Energy Navigation Ltd
• Tuniu Corp
• Txnm Energy Inc
• uCloudlink Group Inc.
• Ugi Corp /PA/
• Ultrapar Holdings Inc
• Union Pacific Corp
• Unique Logistics International, Inc.
• United Airlines Holdings, Inc.
• United Express Inc.
• United Maritime Corp
• United Parcel Service Inc
• United States Cellular Corp
• Universal Logistics Holdings, Inc.
• Urban One, Inc.
• USA Compression Partners, LP
• VEON Ltd.
• Verizon Communications Inc
• VERRA MOBILITY Corp
• Via Renewables, Inc.
• Vistra Corp.
• Vivakor, Inc.
• Vodafone Group Public Ltd Co
• Volato Group, Inc.
• Warner Bros. Discovery, Inc.
• Waste Connections, Inc.
• Waste Management Inc
• Werner Enterprises Inc
• Western Midstream Partners, LP
• Wheels Up Experience Inc.
• WideOpenWest, Inc.
• Williams Companies, Inc.
• XPO, Inc.
• Yatra Online, Inc.
• York Water Co
• Ziff Davis, Inc.
• ZIM Integrated Shipping Services Ltd.
• ZTO Express (Cayman) Inc.