Breaking Down SG&A Expenses: Novartis AG vs Bausch Health Companies Inc.

SG&A Expenses: Novartis vs. Bausch Health, 2014-2023

__timestampBausch Health Companies Inc.Novartis AG
Wednesday, January 1, 2014202630000014993000000
Thursday, January 1, 2015268270000014247000000
Friday, January 1, 2016281000000014192000000
Sunday, January 1, 2017258200000014997000000
Monday, January 1, 2018247300000016471000000
Tuesday, January 1, 2019255400000014369000000
Wednesday, January 1, 2020236700000014197000000
Friday, January 1, 2021262400000014886000000
Saturday, January 1, 2022262500000014253000000
Sunday, January 1, 2023291700000012489000000
Monday, January 1, 202412566000000
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Unlocking the unknown

A Comparative Analysis of SG&A Expenses: Novartis AG vs. Bausch Health

In the ever-evolving pharmaceutical industry, understanding the financial dynamics of major players is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Novartis AG and Bausch Health Companies Inc. from 2014 to 2023. Over this period, Novartis AG consistently outspent Bausch Health, with its SG&A expenses peaking at approximately $16.5 billion in 2018, a staggering 500% more than Bausch Health's highest expenditure in 2023. Interestingly, while Novartis saw a decline of about 17% in SG&A expenses from 2018 to 2023, Bausch Health experienced a 44% increase in the same timeframe. This shift highlights differing strategic priorities and market responses. As the industry faces new challenges, these financial trends offer a glimpse into the strategic maneuvers of these pharmaceutical giants.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025