Comparing SG&A Expenses: GSK plc vs Ligand Pharmaceuticals Incorporated Trends and Insights

SG&A Expenses: GSK vs Ligand - A Decade of Financial Strategy

__timestampGSK plcLigand Pharmaceuticals Incorporated
Wednesday, January 1, 2014824600000022570000
Thursday, January 1, 2015923200000024378000
Friday, January 1, 2016936600000026621000
Sunday, January 1, 2017967200000028653000
Monday, January 1, 2018991500000037734000
Tuesday, January 1, 20191140200000041884000
Wednesday, January 1, 20201145600000064435000
Friday, January 1, 20211097500000057483000
Saturday, January 1, 2022837200000070062000
Sunday, January 1, 2023938500000052790000
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Unleashing insights

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

In the ever-evolving pharmaceutical industry, understanding the financial strategies of key players is crucial. This analysis compares the Selling, General, and Administrative (SG&A) expenses of GSK plc and Ligand Pharmaceuticals Incorporated from 2014 to 2023. GSK, a global healthcare giant, consistently reported SG&A expenses that were exponentially higher than those of Ligand, a smaller biopharmaceutical company. In 2020, GSK's expenses peaked at approximately 11.5 billion, while Ligand's expenses reached their highest in 2022 at around 70 million. Despite the vast difference in scale, Ligand's expenses grew by over 200% during this period, reflecting its strategic investments in growth. Meanwhile, GSK's expenses showed a more modest increase of about 14%, indicating a stable yet expansive operational strategy. This financial narrative highlights the contrasting paths of two distinct players in the pharmaceutical landscape.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025