argenx SE or Taro Pharmaceutical Industries Ltd.: Who Manages SG&A Costs Better?

SG&A Cost Management: Taro vs. argenx

__timestampTaro Pharmaceutical Industries Ltd.argenx SE
Wednesday, January 1, 2014917330004241601.57
Thursday, January 1, 2015876440005392385.38
Friday, January 1, 2016923650007370036.73
Sunday, January 1, 20178565600014970357
Monday, January 1, 20188819600031413266
Tuesday, January 1, 20198997100072279461
Wednesday, January 1, 202093413000183907682
Friday, January 1, 202191355000307644000
Saturday, January 1, 2022113676000472132000
Sunday, January 1, 2023198366000709539000
Monday, January 1, 2024218935000
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Data in motion

SG&A Cost Management: A Tale of Two Companies

In the competitive pharmaceutical industry, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Over the past decade, Taro Pharmaceutical Industries Ltd. and argenx SE have showcased contrasting strategies. Taro's SG&A expenses have remained relatively stable, averaging around $113 million annually, with a notable increase of 92% from 2014 to 2023. In contrast, argenx SE has seen a dramatic rise, with expenses skyrocketing by over 16,600% from 2014 to 2023, reflecting its aggressive growth strategy. While Taro's consistent approach suggests a focus on efficiency, argenx's escalating costs highlight its investment in expansion and innovation. The data for 2024 is incomplete, leaving room for speculation on future trends. As these companies navigate the evolving market, their SG&A management will be pivotal in determining their financial health and competitive edge.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025