Comparing SG&A Expenses: Walgreens Boots Alliance, Inc. vs Xencor, Inc. Trends and Insights

SG&A Expenses: A Tale of Two Companies

In the world of corporate finance, Selling, General, and Administrative (SG&A) expenses are a critical measure of a company's operational efficiency. This chart provides a fascinating comparison between Walgreens Boots Alliance, Inc. and Xencor, Inc. over the past decade.

Walgreens Boots Alliance, Inc.

From 2014 to 2023, Walgreens Boots Alliance, Inc. has seen a steady increase in SG&A expenses, peaking at approximately $28 billion in 2023. This represents a 59% increase from 2014, reflecting the company's expansive growth and operational scaling.

Xencor, Inc.

In contrast, Xencor, Inc.'s SG&A expenses have grown from $7.5 million in 2014 to $53 million in 2023, marking a staggering 610% increase. This rapid rise highlights Xencor's aggressive investment in administrative capabilities, albeit on a much smaller scale than Walgreens.

Insights

While Walgreens' expenses dwarf those of Xencor, the growth rate of Xencor's SG&A expenses is noteworthy, indicating a dynamic shift in its operational strategy.