Breaking Down SG&A Expenses: Rhythm Pharmaceuticals, Inc. vs Taro Pharmaceutical Industries Ltd.

SG&A Expenses: Rhythm vs. Taro - A Decade of Change

__timestampRhythm Pharmaceuticals, Inc.Taro Pharmaceutical Industries Ltd.
Wednesday, January 1, 2014121300091733000
Thursday, January 1, 2015342500087644000
Friday, January 1, 2016631100092365000
Sunday, January 1, 2017951800085656000
Monday, January 1, 20182808000088196000
Tuesday, January 1, 20193655000089971000
Wednesday, January 1, 20204612500093413000
Friday, January 1, 20216848600091355000
Saturday, January 1, 202292032000113676000
Sunday, January 1, 2023117532000198366000
Monday, January 1, 2024218935000
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Unveiling the hidden dimensions of data

A Tale of Two Pharmaceutical Giants: SG&A Expenses Over Time

In the competitive world of pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. From 2014 to 2023, Rhythm Pharmaceuticals, Inc. and Taro Pharmaceutical Industries Ltd. have shown contrasting trends in their SG&A expenses. Rhythm Pharmaceuticals saw a staggering increase of over 9,600% in SG&A expenses, starting from a modest $1.2 million in 2014 to a peak of $117.5 million in 2023. This reflects their aggressive expansion and investment in growth. Meanwhile, Taro Pharmaceutical Industries maintained a more stable trajectory, with expenses fluctuating around the $90 million mark until 2022, before a significant jump to $198.4 million in 2023. This sudden rise could indicate strategic shifts or increased operational costs. Notably, data for Rhythm Pharmaceuticals in 2024 is missing, leaving room for speculation on their future financial strategies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025