Breaking Down SG&A Expenses: Zoetis Inc. vs Celldex Therapeutics, Inc.

Zoetis vs. Celldex: A Decade of SG&A Expense Trends

__timestampCelldex Therapeutics, Inc.Zoetis Inc.
Wednesday, January 1, 2014206220001643000000
Thursday, January 1, 2015338370001532000000
Friday, January 1, 2016359790001364000000
Sunday, January 1, 2017250030001334000000
Monday, January 1, 2018192690001484000000
Tuesday, January 1, 2019154260001638000000
Wednesday, January 1, 2020144560001726000000
Friday, January 1, 2021204880002001000000
Saturday, January 1, 2022271950002009000000
Sunday, January 1, 2023309140002151000000
Monday, January 1, 20242318000000
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Unleashing insights

A Tale of Two Companies: SG&A Expenses Over Time

In the competitive landscape of the pharmaceutical industry, understanding the financial health of companies is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Zoetis Inc. and Celldex Therapeutics, Inc. from 2014 to 2023. Over this period, Zoetis Inc. consistently outpaced Celldex in SG&A spending, with figures peaking at approximately $2.15 billion in 2023, marking a 31% increase from 2014. In contrast, Celldex's SG&A expenses showed a more volatile trend, peaking at around $36 million in 2016 before stabilizing to $31 million in 2023. This disparity highlights Zoetis's expansive operational scale compared to Celldex's more focused approach. As the industry evolves, these financial strategies will play a pivotal role in shaping each company's future trajectory.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025