Alkermes plc or Ultragenyx Pharmaceutical Inc.: Who Manages SG&A Costs Better?

Alkermes vs. Ultragenyx: SG&A Cost Management Showdown

__timestampAlkermes plcUltragenyx Pharmaceutical Inc.
Wednesday, January 1, 201419990500010811000
Thursday, January 1, 201531155800033001000
Friday, January 1, 201637413000064936000
Sunday, January 1, 201742157800099909000
Monday, January 1, 2018526408000127724000
Tuesday, January 1, 2019599449000161524000
Wednesday, January 1, 2020538827000182933000
Friday, January 1, 2021560977000219982000
Saturday, January 1, 2022605747000278139000
Sunday, January 1, 2023689751000309799000
Monday, January 1, 2024645238000
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Cracking the code

Managing SG&A Costs: Alkermes vs. Ultragenyx

In the competitive world of pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, Alkermes plc and Ultragenyx Pharmaceutical Inc. have shown contrasting approaches to handling these costs. From 2014 to 2023, Alkermes consistently reported higher SG&A expenses, peaking at approximately $690 million in 2023. In contrast, Ultragenyx's expenses grew from a modest $11 million in 2014 to around $310 million in 2023, reflecting a more than 28-fold increase.

Despite Ultragenyx's rapid growth in expenses, Alkermes' expenses have been more stable, with a 3.5-fold increase over the same period. This suggests that Alkermes may have a more controlled approach to managing its SG&A costs. Investors and industry analysts should consider these trends when evaluating the financial health and operational efficiency of these companies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025