Bristol-Myers Squibb Company or Zoetis Inc.: Who Manages SG&A Costs Better?

SG&A Cost Management: Bristol-Myers Squibb vs. Zoetis

__timestampBristol-Myers Squibb CompanyZoetis Inc.
Wednesday, January 1, 201456990000001643000000
Thursday, January 1, 201550010000001532000000
Friday, January 1, 201650020000001364000000
Sunday, January 1, 201748490000001334000000
Monday, January 1, 201845510000001484000000
Tuesday, January 1, 201948710000001638000000
Wednesday, January 1, 202076610000001726000000
Friday, January 1, 202176900000002001000000
Saturday, January 1, 202278140000002009000000
Sunday, January 1, 202377720000002151000000
Monday, January 1, 202484140000002318000000
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Data in motion

SG&A Cost Management: Bristol-Myers Squibb vs. Zoetis

In the competitive landscape of the pharmaceutical industry, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. From 2014 to 2023, Bristol-Myers Squibb Company and Zoetis Inc. have shown distinct approaches to handling these costs. Bristol-Myers Squibb's SG&A expenses have fluctuated, peaking in 2022 with a 37% increase from 2018. In contrast, Zoetis Inc. has maintained a more consistent trajectory, with a steady rise of approximately 61% over the same period. This suggests that while Bristol-Myers Squibb has experienced volatility, Zoetis has managed its SG&A costs with greater stability. As investors and industry analysts look for efficient cost management, Zoetis's approach may offer a model of consistency and growth. Understanding these trends provides valuable insights into the strategic financial management of these industry giants.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025