Breaking Down SG&A Expenses: Teva Pharmaceutical Industries Limited vs Taro Pharmaceutical Industries Ltd.

SG&A Expenses: Teva vs. Taro from 2014 to 2023

__timestampTaro Pharmaceutical Industries Ltd.Teva Pharmaceutical Industries Limited
Wednesday, January 1, 2014917330005078000000
Thursday, January 1, 2015876440004717000000
Friday, January 1, 2016923650005096000000
Sunday, January 1, 2017856560004986000000
Monday, January 1, 2018881960004214000000
Tuesday, January 1, 2019899710003806000000
Wednesday, January 1, 2020934130003671000000
Friday, January 1, 2021913550003528000000
Saturday, January 1, 20221136760003445000000
Sunday, January 1, 20231983660003498000000
Monday, January 1, 20242189350003702000000
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Unlocking the unknown

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. This analysis compares the SG&A expenses of Teva Pharmaceutical Industries Limited and Taro Pharmaceutical Industries Ltd. from 2014 to 2023.

Teva, a global leader, consistently reported higher SG&A expenses, peaking at approximately $5 billion in 2014. However, by 2023, these expenses had decreased by about 31%, reflecting strategic cost management. In contrast, Taro, a smaller player, saw its SG&A expenses nearly double, from around $91 million in 2014 to $219 million in 2023, indicating potential expansion or increased operational costs.

This divergence highlights the different strategies and challenges faced by these companies in a rapidly evolving industry. Notably, data for Teva in 2024 is missing, suggesting ongoing financial adjustments.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025