Bristol-Myers Squibb Company or Dynavax Technologies Corporation: Who Manages SG&A Costs Better?

BMY vs. DVAX: A Decade of SG&A Cost Management

__timestampBristol-Myers Squibb CompanyDynavax Technologies Corporation
Wednesday, January 1, 2014569900000017763000
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Friday, January 1, 2016500200000037257000
Sunday, January 1, 2017484900000027367000
Monday, January 1, 2018455100000064770000
Tuesday, January 1, 2019487100000074986000
Wednesday, January 1, 2020766100000079256000
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Sunday, January 1, 20237772000000152946000
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Unveiling the hidden dimensions of data

SG&A Cost Management: A Tale of Two Companies

In the competitive landscape of the pharmaceutical industry, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Bristol-Myers Squibb Company (BMY) and Dynavax Technologies Corporation (DVAX) offer a fascinating contrast in this regard. Over the past decade, BMY has consistently maintained higher SG&A expenses, peaking at approximately $7.8 billion in 2022. In contrast, DVAX's SG&A costs have been significantly lower, reaching around $153 million in 2023. This stark difference highlights BMY's expansive operations compared to DVAX's more streamlined approach. However, the trend for both companies shows a steady increase in SG&A expenses, with BMY's costs growing by about 36% from 2014 to 2023, while DVAX's expenses surged by over 760% in the same period. This data underscores the diverse strategies these companies employ in managing their operational costs.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025