Breaking Down SG&A Expenses: Bristol-Myers Squibb Company vs Halozyme Therapeutics, Inc.

SG&A Expenses: Bristol-Myers Squibb vs. Halozyme

__timestampBristol-Myers Squibb CompanyHalozyme Therapeutics, Inc.
Wednesday, January 1, 2014569900000035942000
Thursday, January 1, 2015500100000040028000
Friday, January 1, 2016500200000045853000
Sunday, January 1, 2017484900000053816000
Monday, January 1, 2018455100000060804000
Tuesday, January 1, 2019487100000077252000
Wednesday, January 1, 2020766100000045736000
Friday, January 1, 2021769000000050323000
Saturday, January 1, 20227814000000143526000
Sunday, January 1, 20237772000000149182000
Monday, January 1, 20248414000000154335000
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Cracking the code

A Comparative Analysis of SG&A Expenses: Bristol-Myers Squibb vs. Halozyme Therapeutics

In the ever-evolving pharmaceutical industry, understanding the financial strategies of leading companies is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two prominent players: Bristol-Myers Squibb Company and Halozyme Therapeutics, Inc., from 2014 to 2023.

Bristol-Myers Squibb, a giant in the pharmaceutical sector, has consistently allocated a significant portion of its budget to SG&A expenses, peaking at approximately $7.8 billion in 2022. This represents a 37% increase from its lowest point in 2018. In contrast, Halozyme Therapeutics, a smaller yet innovative company, has seen its SG&A expenses grow by over 300% during the same period, reaching nearly $149 million in 2023.

This stark contrast highlights the differing scales and strategies of these companies, offering insights into their operational priorities and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025